SEOUL, Feb. 22 (Korea Bizwire) — The government on Wednesday unveiled a new artificial intelligence-based voice analysis model aimed at combating voice phishing scams. The program was jointly developed by the Ministry of the Interior and Safety’s integrated data analysis center and the National Forensic Service, and will be deployed in investigations later this month, [...]
SEOUL, Nov. 25 (Korea Bizwire) — With an increasing number of South Koreans falling victim to voice phishing, Samsung Electronics Co. and the National Police Agency (NPA) have decided to join forces to develop more advanced phishing detection technology. Phishing scams continue to evolve in sophistication, and methods continue to grow bolder. Lately, more blatant [...]
SEOUL, May 9 (Korea Bizwire) — South Korea said Sunday it will strengthen its monitoring system against cryptocurrency-related phishing websites by working with the National Police Agency amid recent surges in prices of virtual money. The ICT ministry said there have recently been increasing reports of phishing attempts via text messages that lead cryptocurrency users [...]
SEOUL, April 13 (Korea Bizwire) — The number of cybercrimes reported to police jumped 20.7 percent from the previous year to more than 180,000 cases in 2019, data showed Monday. Cybercrimes reported to police totaled 180,499 cases in 2019, compared with 149,604 in 2018, according to an annual report compiled by the National Police Agency. [...]
SEOUL, May 5 (Korea Bizwire) – Police in western Seoul announced on May 4 that they had arrested scammers Kim (age 34, Chinese) and Kim (age 29, Korean), members of a financial fraud organization, who amassed more than one hundred million won through body cam phishing schemes. Between March 8 and March 24 of last [...]
SEOUL, Nov. 13 (Korea Bizwire) – Women in their 20s and 30s are reportedly known to be the most frequent victims of phishing scam, according to the Financial Supervisory Service. By region, people living in Seoul’s affluent Gangnam and Seocho districts are most easily fallen by the financial fraud. The financial regulator released a report on November 11 [...]
SEOUL, Nov. 8 (Korea Bizwire) – Recently a 25-year-old male college student committed suicide by jumping off a building because of phishing. Last August, a 30-year-old man also killed himself for the same reason. The mobile swindle which forced two young men into a corner is called “naked video-chatting phishing.” When a man runs a [...]
SEOUL, July 23 (Korea Bizwire) – According to the Ministry of Science, ICT and Future Planning of Korea on July 20, it has mandated all Internet-delivered text messages to be marked with a “[Web Relayed]” sign and has implemented a “Prevention of Piracy of Numbers in Web-based Smishing” service for use by individuals. Web-relayed SMS have [...]
SEOUL, June 5 (Korea Bizwire) – SK Telecom said on June 4 that its All IP-based “T Phone” service has surpassed the 1 million subscriber number. Launched in February this year, the service combines voice and data available in ten different smartphone models such as the Samsung Galaxy Note 2 and 3, Samsung Note 3 [...]
SEOUL, May 20 (Korea Bizwire) – As financial frauds increase and personal information is frequently infringed due to phishing and hacking, a local bank launched a new bank account capitalizing on the people’s “worry” on the issue. KB Kookmin Bank began selling the “KB Feel-at-home Bank Account” offering compensation insurance for damages from those financial [...]