SEOUL, Jan. 28 (Korea Bizwire) – A new platform based on artificial intelligence (AI) has prevented some 19 billion won (US$13 million) in financial losses from voice phishing scams over the past three months, the financial regulator said Wednesday. The country launched the platform, dubbed the AI-based Phishing Sharing and Analysis Platform (ASAP), in late [...]
SEOUL, Dec. 17 (Korea Bizwire) — A new survey shows that nearly two-thirds of South Koreans fear a rise in phishing attempts following the massive personal data breach reported by e-commerce giant Coupang, underscoring widening public anxiety over digital security. According to a poll released Tuesday by Stealth Solution, a global cybersecurity firm, 66.9 percent of [...]
SEOUL, March 20 (Korea Bizwire) — As phone-based phishing scams grow increasingly sophisticated, South Koreans are turning in droves to “Citizen Conan,” an anti-phishing app operated by the National Police Agency. According to mobile analytics firm IGAWorks Mobile Index, the number of Citizen Conan users surged by 215.9% in February, reaching 1.39 million, compared to [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korean authorities are raising alarms over a surge in voice phishing scams involving fraudulent credit card deliveries. According to the National Police Agency’s Telecommunication and Financial Fraud Response Center, reports of “card delivery scams” skyrocketed to 6,619 cases in November 2024, a 75-fold increase from just 88 cases [...]
SEOUL, Dec. 13 (Korea Bizwire) – Coupang announced on December 12 the launch of a “Safety Mark” system to help customers identify official communications from the company and prevent phishing scams. The Safety Mark will appear on text messages sent from Coupang’s official customer service number (1577-7011) and includes the company’s logo, a shield symbol [...]
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 [...]