SEOUL, Sept. 22 (Korea Bizwire) — Prime Minister Kim Min-seok said Monday the government will overhaul data protection systems at telecoms and financial companies following a series of security breaches at mobile carriers and a credit card issuer. Kim made the remark during an emergency government meeting convened to discuss responses to the hacking incidents [...]
SEOUL, Apr. 2 (Korea Bizwire) – As cyberattacks escalate in South Korea, new data reveals that smaller enterprises are bearing the brunt of the damage, according to the Korea Internet and Security Agency (KISA). KISA figures show a sharp rise in reported cyber incidents, from 630 cases in 2020 to 1,227 in 2023 – nearly doubling [...]
SEOUL, Jan. 27 (Korea Bizwire) — Twelve South Korean websites attacked by a Chinese hacking group remain unable to be accessed five days after the incident, industry sources said Friday. The Chinese attackers, identifying themselves as Xiaoqiying, hacked into the websites of 12 academic organizations and institutions Sunday, including the Korea Research Institute for Construction [...]
SEOUL, Dec. 26 (Korea Bizwire) — The number of cyberthreats rose more than 60 percent in 2022 from a year earlier on increased ransomware attacks, government data showed Monday. A total of 1,045 cyberattacks were reported to the authorities in the first 11 months of this year, up from 640 cases tallied last year, according [...]
SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s ICT ministry said Thursday it will expand support to small businesses to help them ward off ransomware threats after it raised the country’s cyberthreat warning level a day earlier. Cyberattacks using ransomware, a type of malware that holds a target’s data hostage by locking up systems until [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korea’s ICT ministry said Wednesday it raised the country’s cyber threat warning level by one notch higher from the lowest level to respond to growing cyberattacks and threats related to the country’s COVID-19 relief funds. The government has a five-tier cybersecurity alert system, which is set at the [...]
SEOUL, July 6 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday the country reported 78 ransomware attacks in the first half of the year in the latest sign of growing cyberattacks. Ransomware is a type of malware that holds a target’s data hostage or locks up its systems until a ransom is paid. It [...]
PALO ALTO, Calif., March 1 (Korea Bizwire) – Accellion, Inc., provider of Kiteworks, the industry’s first enterprise content firewall, today issued a statement with regards to the previously reported cyberattacks on Accellion’s legacy File Transfer Appliance (“FTA”) product. As previously disclosed, Accellion engaged FireEye Mandiant, a leading cybersecurity forensics firm, to conduct an investigation into the sophisticated [...]
PALO ALTO, Calif., Feb. 22 (Korea Bizwire) – Accellion, Inc., provider of the industry’s first enterprise content firewall, today issued a statement regarding Mandiant’s preliminary findings with regards to the previously reported cyberattacks on Accellion’s legacy FTA product. Mandiant, a division of FireEye, Inc., has identified UNC2546 as the criminal hacker behind the cyberattacks and data theft involving Accellion’s [...]
BELLEVUE, Wash., March 12 (Korea Bizwire) – Auth0, the identity platform for application builders, today launched Auth0 Signals, a collection of threat intelligence tools and product capabilities designed to protect customers from identity attacks. Auth0’s acquisition of Apility.io, an anti-abuse company, provides a crucial source of IP threat intelligence to Auth0’s Anomaly Detection engine, which detects malicious [...]