SEOUL, May 15 (Korea Bizwire) – The notorious WannaCry ransomware, which has recently haunted computers around the globe, struck a local movie chain, industry watchers said Monday, causing alarm among South Korean companies. Ransomware refers to malware that infects files in a computer until victims pay a certain amount of money to hackers. The latest [...]
SEOUL, May 15 (Korea Bizwire) — South Korea raised its cybersecurity alert on Sunday amid growing concerns about the WannaCry ransomware cyberattack that has spread across the world. The Korea Internet & Security Agency said four companies have reported to the state computer security agency that they were affected by the malicious software over the [...]
SEOUL, April 24 (Korea Bizwire) – IBM Korea Inc., a subsidiary of the multinational technology firm IBM Corp., celebrated its 50th anniversary on Monday, pledging to aggressively enlarge its presence in South Korea and eventually lead the global ICT industry. “IBM will do its part as a global leader in the artificial intelligence (AI) and [...]
SEOUL, April 20 (Korea Bizwire) – South Korea’s prosecution said it signed an agreement with Microsoft Corp. on Thursday to protect against growing cyber threats. The Supreme Prosecutors’ Office inked the Government Security Program (GSP) with the U.S. software giant at the office of its local unit in central Seoul. The GSP is a program [...]
SEOUL, Apr. 18 (Korea Bizwire) — Naver Corp., the operator of South Korea’s dominant Internet portal, launched a new cloud-computing platform on Monday to join other IT firms in the fast-growing market. Naver Business Platform (NBP), a subsidiary firm under Naver providing IT infrastructure and solutions, released the platform, Naver Cloud Platform, to offer 30 [...]
SEOUL, April 17 (Korea Bizwire) – Microsoft Korea, the local unit of U.S. software giant Microsoft Corp. said Monday that it has added an artificial intelligence (AI) function to its cloud-computing service, Office 365. The company said Word, Outlook, PowerPoint and Excel will be backed up by various cloud-powered AI capabilities through data centers in [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Monday said the company plans to expand ties with U.S. Verizon Communications and jointly demonstrated the world’s first hologram call that can be used on a fifth-generation network. KT said its head Hwang Chang-kyu and his counterpart Lowell McAdam, the [...]
GOYANG, South Korea, March 31 (Korea Bizwire) – Making an appearance at an auto show for the first time, Naver, operator of Korea’s leading web portal, showcased its ambitious self-driving technology at the 2017 Seoul Motor Show. But it wasn’t the Naver autonomous vehicle that the tech giant was bragging about at the show, it [...]
SEOUL, March 21 (Korea Bizwire) – The Korea Institute of S&T (Science and Technology) Evaluation and Planning presented Monday the top ten promising technologies of the future, which included artificial intelligence that tracks down fake news. Fake news has become a serious social issue for South Korea, as for the rest of the world, costing [...]
SEOUL, Feb. 22 (Korea Bizwire) – Artificial intelligence (AI) language software by U.S. Internet giant Google Inc., scored higher than its rival AI machines in a translation battle between humans and machines held in South Korea earlier this week, industry officials said Wednesday. On Tuesday, a group of four professional translators competed against three AI-powered [...]