SEOUL, June 23 (Korea Bizwire) — The government will launch a joint investigation team to eradicate voice phishing crimes that cause damage worth more than 700 billion won (US$538 million) annually, the prosecution said Thursday. The Supreme Prosecutors Office (SPO) announced it will form the joint investigation team with relevant agencies, such as the National [...]
AMSTERDAM, Oct. 14 (Korea Bizwire) — In ScamAdviser’s 3rd Global State of Scams Report, 42 countries were analyzed on the number of people scammed and the amount of money lost. Number of Scams Boomed The number of reported scams increased from 139 million in 2019 to 266 million in 2020. The amount lost grew from €36 ($41.7) to [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea reported 98,391 cases of “voice phishing” scams between 2014 and June this year, with most cases preying on ordinary people seeking emergency funds, a ruling party lawmaker said Monday, citing police data. The data, submitted to Rep. Lee Jae-jung of the Democratic Party by the Korea Police [...]
SEOUL, May 11 (Korea Bizwire) – A 24-year-old hacker had been apprehended after purchasing high-end cameras and lenses worth almost 56 million won for only a little over 10,000 won. According to the police, the hacker purchased a total of 17 camera products from an e-commerce website over a period of four days, from April 26 [...]