SEOUL, Oct. 15 (Korea Bizwire) — The number of hacking attempts into the central or local government systems detected by the government has increased steadily over the last three years. As more hacking attempts were found to be using overseas IP addresses, those from China, especially, grew significantly in number. According to data submitted by [...]
SEOUL, Oct. 14 (Korea Bizwire) — Nearly 35,000 South Korean-owned Facebook accounts are believed to have been hit by a data leak following the hacking of the U.S.-based online social media company last month, the nation’s communications watchdog said Sunday. The Korea Communications Commission (KCC) said 34,891 Facebook accounts owned by South Koreans were subject [...]
SEOUL, Oct. 12 (Korea Bizwire) — On an ordinary weekday in downtown Seoul a middle-aged woman walks into a Starbucks to order a cup of coffee. When she takes some paper bills out of her purse to pay the cashier, he politely refuses them and points to a notice at the entrance. “This store doesn’t [...]
SEOUL, Oct. 1 (Korea Bizwire) — Samsung SDS Co., an IT arm of South Korea’s top business group Samsung, said Monday it has developed an anti-hacking technology that will beef up electronic signature security. The company said the technology centers on blocking side-channel attacks, a hacking method that steals private information by analyzing signals and [...]
SEOUL, Sept. 20 (Korea Bizwire) — The amount of payments made electronically in South Korea continued to rally in the second quarter as a growing number of people use mobile shopping and remittance services, central bank data showed Thursday. The daily average amount of electronic financial transactions came to a record 117.4 billion won (US$104.87 [...]
SEOUL, Sept. 20 (Korea Bizwire) — Most websites that collect personal data, online-to-offline (O2O) apps, and Internet of Things (IoT) gadgets are vulnerable to security breaches, data showed Thursday. According to the data by the Korea Internet & Security Agency (KISA) and submitted to the National Assembly, 97 percent of the 13 websites, 19 O2Os [...]
SEOUL, Sept. 19 (Korea Bizwire) — Mobile payment platform provider Kakao Pay said Wednesday that the total value of its monthly transactions is forecast to surpass 2 trillion won (US$1.78 billion) this month for the first time since its launch. More than 1.8 trillion won worth of payments was made though the one-click payment system [...]
SEOUL, Sept. 5 (Korea Bizwire) — A new type of malware that targets shoppers making purchases directly from overseas websites has surfaced recently, requiring shoppers to be savvier about shopping online, especially from foreign websites. AhnLab, Inc., a security software provider founded in 1995, revealed today that it had discovered malware that was distributed disguised [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korean retailers are increasingly joining hands with Chinese mobile payment platforms to attract more Chinese visitors as they strive to recover from the fallout from a diplomatic row between Seoul and Beijing, industry sources said Thursday. Shinsegae DF Inc. said it has adopted UnionPay’s QR code payment system [...]
SEOUL, Aug. 14 (Korea Bizwire) — Samsung Electronics Co.’s mobile payment system, Samsung Pay, boasted 8.86 million users in July in South Korea, making it the most popular Android-based financial app, data showed Tuesday. According to the data compiled by industry tracker WiseApp, Samsung Pay saw its number of users move up 53 percent from [...]