cyber-attack Archives | Be Korea-savvy
Radware Report Shows That Respondants Claim Average Cost of Cyberattack Now Exceeds $1 Million

Radware Report Shows That Respondants Claim Average Cost of Cyberattack Now Exceeds $1 Million

MAHWAH, N.J., Jan. 15 (Korea Bizwire) — Radware® (NASDAQ: RDWR), a leading provider of cybersecurity and application delivery solutions, today announced it has released its 2018-2019 Global Application and Network Security Report, in which survey respondents estimate the average cost of a cyberattack at $1.1M. For those organizations that calculate (versus estimate) the cost of [...]

Cyber Attacks Caused US$72 bln Losses for S. Korea Firms in 2017: Microsoft

Cyber Attacks Caused US$72 bln Losses for S. Korea Firms in 2017: Microsoft

SEOUL, Jun. 18 (Korea Bizwire) — The South Korean branch of U.S. tech giant Microsoft Corp. released a report on Monday which claimed cyber attacks caused direct and indirect losses of US$72 billion last year for local companies. The report announced by Microsoft Korea and Frost & Sullivan claimed that around 90 percent of such [...]

S. Korea Raises Cybersecurity Alert against WannaCry Attack

S. Korea Raises Cybersecurity Alert against WannaCry Attack

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 [...]

Radware Research Finds Data Loss Is Top Cyber-Attack Concern

Radware Research Finds Data Loss Is Top Cyber-Attack Concern

MAHWAH, N.J., Jan. 10 (Korea Bizwire) — Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions ensuring the digital user experience for applications in virtual, cloud, and software-defined data centers, has found that hackers and companies agree on one thing: Data is lucrative. Radware’s Global Application and Network Security Report 2016-2017 revealed [...]

Cyber Attacks on Gov’t Agencies, Ransomware Programs to Rise in 2017: Report

Cyber Attacks on Gov’t Agencies, Ransomware Programs to Rise in 2017: Report

SEOUL, Dec. 5 (Korea Bizwire) – More cyber attacks on key government agencies and social infrastructure-related facilities, coupled with increased ransomware programs for mobile and desktop computers, are likely to take place next year, a state-run agency said Monday.  According to the Korea Internet & Security Agency (KISA), a series of cyber attacks may occur [...]

North Korean Hacking Style Found in Recent Attack on Air Force Website

North Korean Hacking Style Found in Recent Attack on Air Force Website

SEOUL, May 27 (Korea Bizwire) – A recent hacking attempt on South Korea’s Air Force’s website apparently used methods mostly employed by North Korean hackers, a military source said Friday, raising suspicion that Pyongyang might have been behind the cyberattack.  Military authorities have been conducting an investigation into a suspected hacking attempt into the official [...]

Seoul Considers Cyber Reserve Force to Counter North Korean Threat

Seoul Considers Cyber Reserve Force to Counter North Korean Threat

SEOUL, May 26 (Yonhap) – South Korea’s defense and technology ministries on Thursday discussed the feasibility of creating a cybersecurity reserve force in preparation for a national network emergency.  The idea was raised at a senior-level meeting between the Ministry of National Defense and the Ministry of Science, ICT and Future Planning aimed at strengthening [...]