SEOUL, Oct. 1 (Korea Bizwire) — In the wake of a string of high-profile data leaks, an overwhelming majority of South Koreans say they view such incidents as a serious threat and support adopting punitive damages similar to those in Europe and other advanced economies, a new poll shows. According to a Realmeter survey of 500 [...]
SEOUL, Sept. 29 (Korea Bizwire) — South Korea’s second-largest telecom carrier, KT, is under mounting criticism from consumers and legal experts for refusing to disclose key network data in cases involving unauthorized mobile phone payments, even as reports of such incidents climb. Authorities say nearly 19,300 cases of fraud involving mobile micropayments were reported last [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s science ministry said Tuesday it has opened an official investigation into claims by an international hacking group that it is attempting to sell personal data purportedly stolen from SK Telecom, the nation’s largest mobile carrier. The probe follows a post on the Telegram channel of Scattered Lapsus$, [...]
SEOUL, May 2 (Korea Bizwire) — Wemix, a cryptocurrency issued by Korean game publisher Wemade Co., will be delisted from major domestic crypto exchanges next month following a large-scale hacking incident, exchange operators said Friday. The Digital Asset eXchange Association (DAXA), an alliance of five major crypto exchanges — Upbit, Bithumb, Coinone, Korbit and Gopax [...]
SEOUL, Oct. 19 (Korea Bizwire) – The number of hacking attempts from abroad targeting the health insurance server, which contains personal, financial, and medical information, is on a steep rise. According to data from the National Health Insurance Service (NHIS) on Wednesday, cyberattacks on NHIS servers have been on the rise since the NHIS implemented in-house security [...]
SEOUL, July 19 (Korea Bizwire) — North Korea stole a total of US$700 million worth of cryptocurrency last year, equivalent to the money that would enable the country to fire 30 intercontinental ballistic missiles, South Korea’s state intelligence agency said Wednesday. “We’ve confirmed that North Korea took $700 million in virtual assets in two separate [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s internet safety watchdog said Wednesday a Chinese hacking group has launched a cyberattack against 12 South Korean academic institutions but it did not cause serious damage. The Korea Internet & Security Agency (KISA) said the attackers hacked into the websites of 12 institutions Sunday, which included some [...]
SEOUL, Jan. 17 (Korea Bizwire) — A North Korean hacker group has attempted to steal user passwords with phishing mails by disguising itself as a domestic portal site, a cybersecurity firm said Monday. ESTsecurity recently published an analytical report on malicious code on its corporate blog. The newly-detected phishing emails used a “Daurn” domain that [...]
SEOUL, Dec. 29 (Korea Bizwire) — The cryptocurrency account of Kim Jung-ju, the deceased founder of gaming giant Nexon Co., was hacked, resulting in the loss of more than 8.5 billion won (US$6.7 million), court documents showed Thursday. The Seoul Eastern District Court convicted a 39-year-old man, whose identity has been withheld, for illegally copying [...]
SEOUL, Dec. 20 (Korea Bizwire) — A hacker in his 30s was arrested on charges of infiltrating built-in home cameras at over 600 different apartment complexes and distributing recorded footage, police said Tuesday. In South Korea, it is common for internet-connected home security devices with cameras to be installed in apartment complexes. A wall-pad device, [...]