SEOUL, May 19 (Korea Bizwire) — Servers at SK Telecom Co. containing personal information and universal subscriber identity module (USIM) data of all subscribers have been compromised in a cyberattack, raising concerns that critical USIM data used in financial transactions may have been leaked, a joint government-private investigation team said Monday. According to the team’s [...]
SEOUL, May 7 (Korea Bizwire) — A digital certificate belonging to CJ OliveNetworks Co., the IT service arm of South Korea’s CJ Group, has been found to have been leaked and exploited in a suspected North Korean cyberattack, according to cybersecurity sources Wednesday. According to the sources, a malicious file linked to North Korea discovered [...]
SEOUL, Nov. 6 (Korea Bizwire) — The defense ministry’s website suffered service disruptions this week after being targeted by a cyberattack, officials said Wednesday, following the South Korean cybersecurity watchdog’s warning of North Korea’s possible hacking attacks. The distributed denial-of-service (DDoS) attack took place at about 5:30 p.m. Tuesday, prompting the military to take response [...]
SEOUL, March 7 (Korea Bizwire) — Samsung Electronics Co. said Monday that a recent cyberattack by a hacking group on its system did not cause major harm to its business and customers. In a statement posted on the company’s internal forum, Samsung said no personal information of its customers and employees was stolen and there [...]
SEOUL, Oct. 25 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, apologized Monday for the inconvenience caused by disruptions of its services that affected customers across the country. KT’s services, including the internet, payment and phone call services, were disrupted beginning at around 11 a.m. KT appeared to have recovered most of [...]
PALO ALTO, Calif., Feb. 1 (Korea Bizwire) – Accellion, Inc., provider of the industry’s first enterprise content firewall, today issued an update on the recently reported security incident regarding FTA, Accellion’s legacy large file transfer product. Accellion FTA, a 20 year old product nearing end-of life, was the target of a sophisticated cyberattack. All FTA customers were [...]
SEOUL, Apr. 16 (Korea Bizwire) — The number of ransomware attacks on companies rose sharply last year, making ransomware the most prevalent type of malicious software detected, a government poll showed Tuesday. Of businesses that experienced some kind of hacking attempt, 56.3 percent said they were attacked by ransomware, up 30.8 percentage points from 2017, [...]
SEOUL, May 22 (Korea Bizwire) – With the global financial losses from the WannaCry ransomware attack estimated at $4 billion, according to cyber risk analysis firm Cyence, another study by Mandiant, a FireEye company, has revealed that it typically takes more than three months for businesses to acknowledge that there has been a cyberattack. Based [...]
SEOUL, March 16 (Korea Bizwire) – South Korea was the sixth-biggest target of Trojan horse malware attacks in mobile banking last year, a multinational cybersecurity firm said Thursday. The most vulnerable country was Russia, followed by Australia, according to the Kaspersky Security Bulletin 2016. The Russian multinational cybersecurity and anti-virus provider, Kaspersky Lab, said it [...]
SEOUL, March 9 (Korea Bizwire) – South Korea said Thursday that it raised the alert level against cyberattacks by one notch in a bid to better fend off an expected increase in cyberattacks from North Korea and others on the country’s major agencies and businesses. The Ministry of Science, ICT and Future Planning raised its [...]