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Loopholes in Security of IoT Devices

Loopholes in Security of IoT Devices

SEOUL, March 28 (Korea Bizwire) – Reports of security breach threats to Internet of Things (IoT) devices have tripled over the last year, according the Korea Internet & Security Agency. The KISA said yesterday that a total of 362 complaints were filed regarding security concerns, jumping 280 percent from last year’s 130. Reports of security vulnerability [...]

Tongyeong Launches Maritime Disaster Prevention System

Tongyeong Launches Maritime Disaster Prevention System

TONGYEONG, SOUTH KOREA, March 6 (Korea Bizwire) — The city of Tongyeong has recently implemented a surveillance radar system often deployed for military purposes. Tongyeong is the first municipality in the country to develop a maritime disaster prevention system. The system launched yesterday with a total of 35 thermographic and rotating security cameras placed in [...]

Seoul to Allow Active Use of Full Body Scanners at Airports Despite Opposition

Seoul to Allow Active Use of Full Body Scanners at Airports Despite Opposition

SEOUL, Feb. 3 (Korea Bizwire) – South Korea is moving to require active use of full body scanners at its major international airports, the government said Friday, despite opposition from human rights activists that has effectively limited the use of the device over the past six years.  The government first introduced full body scanners in [...]

Scientists Develop Water-Soluble Memory Chip

Scientists Develop Water-Soluble Memory Chip

DAEJEON, Dec. 22 (Korea Bizwire) – A team of Korean scientists led by KAIST professor Bae Hag-youl announced Thursday that it has developed a water-disposable, non-volatile resistive random access memory (RRAM) chip using a water soluble SSG (solid sodium with glycerine) paper.  In a nutshell, the device dissolves in a matter of seconds once it [...]

Korea’s Security Services Market Expected to Grow to 7 Tln Won by 2020

Korea’s Security Services Market Expected to Grow to 7 Tln Won by 2020

SEOUL, Dec. 16 (Korea Bizwire) – The South Korean market for security services is expected to grow by 40 percent to 7 trillion won (US$5.9 billion) by 2020, the government said Friday.  The Ministry of Trade, Industry and Energy presented the outlook at a conference on how to better protect the country’s key infrastructure facilities.  [...]

Google Products Found with Most Cybersecurity Vulnerabilities: Report

Google Products Found with Most Cybersecurity Vulnerabilities: Report

SEOUL, Nov. 15 (Korea Bizwire) – Google Inc.’s products were found to have the highest number of Internet security vulnerabilities, accounting for 22 percent of risks found in the third quarter, a report out Tuesday said.  According to the Korea Internet & Security Agency, 155 of 694 reported common vulnerabilities and exposures (CVE) were discovered [...]

Korea Develops ‘Magically Vanishing’ Semiconductor Component

DAEJEON, Oct. 17 (Korea Bizwire) – A research team from Kookmin University has developed an electronic device for semiconductors that can self-dissolve leaving no residue, a technology that would ultimately make Hollywood spy films come to reality.  This transient electronics research was done using nitrocellulose paper, frequently used by magicians as their ‘magic’ flash papers.  [...]

Financial Watchdog Urges Tougher Fintech Security

Financial Watchdog Urges Tougher Fintech Security

SEOUL, Sept. 2 (Korea Bizwire) – The head of South Korea’s financial watchdog on Friday called for local financial services firms to beef up security-related measures for their fast-developing fintech operations.  “Responsible innovation is needed in the financial industry,” Financial Supervisory Service (FSS) Governor Zhin Woong-seob said in a forum hosted by the Korea Institute [...]

Seoul-led Global Partnership for Cybersecurity Kicks Off

Seoul-led Global Partnership for Cybersecurity Kicks Off

SEOUL, July 11 (Korea Bizwire) – A global partnership for cybersecurity — initiated and led by South Korea with 32 other countries as member nations — was officially launched on Monday, the Seoul government said.  The Cybersecurity Alliance for Mutual Progress (CAMP) held its first general meeting at a Seoul hotel with the participation of [...]