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South Korean Police Work With FBI to Trace Hackers Behind Financial Cyberattacks

South Korean police are working with the FBI to trace hackers behind recent cyberattacks on the country's financial institutions, Yonhap News reported Tuesday.

South Korean authorities, including the Korean National Police Agency, recently launched the process for cooperation with the FBI, the sources said. The move aims to obtain critical investigation data, such as account details and access logs of major U.S.-based global cybersecurity and artificial intelligence companies.

U.S. cybersecurity firm CrowdStrike earlier suggested that a 26-year-old Chinese man from China's Guangdong Province might be behind the attacks. The person has denied involvement.

Local authorities are considering the possibility that other or different individuals were responsible for the recent cyberattacks, according to the sources, who spoke on condition of anonymity.

Police are analyzing data used by CrowdStrike to estimate the hackers' identities, as well as documents suggesting ties to a Chinese distributed denial-of-service attack group, according to Yonhap News.

When asked to confirm ongoing cooperation with the FBI, a police official here said, "We cannot confirm specific progress, including whether cooperation is taking place."