SEOUL, Dec. 8 (Korea Bizwire) — South Korea’s ICT ministry said Thursday that it has adopted new programs to block phone number spoofing and avoid text message scams to help people better combat fraudulent phone calls, or voice phishing. It is a followup of the intergovernmental measures to root out voice phishing released in September, [...]
SEOUL, Oct. 6 (Korea Bizwire) — Phishing scams in South Korea have caused more than 1.76 trillion won (US$1.24 billion) in damage over the past five years, with less than 30 percent of the stolen money being retrieved, government data showed Thursday. Phishing is a process in which victims are conned into sharing their personal [...]
SEOUL, April 19 (Korea Bizwire) – Phishing scams involving instant messages in South Korea spiked in 2021 due to increased not-in-person activities amid the coronavirus pandemic, data showed Tuesday. The amount of damages from messenger phishing came to 99.1 billion won (US$80.3 million) last year, up 166 percent from the previous year, according to the [...]