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Businesses Take More Than 3 Months to Identify Cyberattacks

Businesses Take More Than 3 Months to Identify Cyberattacks

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 [...]

Cybercrime Threats Grow with Pokémon GO Frenzy

Cybercrime Threats Grow with Pokémon GO Frenzy

SEOUL, Feb. 7 (Korea Bizwire) – Last month’s Korean launch of Niantic’s Pokémon GO has put law enforcement agencies on high alert, mainly against trespassing and Pokémon GO driving, and officials are now advising players to also take heed against cybercrimes.  According to the Korean National Police Agency, extra apps that can help players to [...]

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 [...]

Internet of Things Vulnerable in a Connected World

Internet of Things Vulnerable in a Connected World

SEOUL, June 20 (Korea Bizwire) – Last year, hackers took over a Jeep Cherokee travelling on a highway in the United States. They breached the vehicle’s Uconnect system from some 15 kilometers away with a single laptop, controlling everything from the car’s air conditioning system to the windshield wipers.  The age of the Internet of [...]

Police Arrest S. Korean Teenager Suspected of Hacking Thousands of Websites

Police Arrest S. Korean Teenager Suspected of Hacking Thousands of Websites

SEOUL, June 14 (Korea Bizwire) – Police said Tuesday they have arrested a South Korean high school student, who follows the international hacktivist group Anonymous, on charges of hacking some thousands of domestic and foreign websites since last year.  The 16-year-old, whose identity was withheld, is suspected of defacing a total of 3,847 websites from [...]