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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 [...]

Security Robots to Guard 2018 PyeongChang Winter Games

Security Robots to Guard 2018 PyeongChang Winter Games

SEOUL, July 11 (Korea Bizwire) – South Korea will use security guard robots to reinforce safety in and around Olympic stadiums and venues during the 2018 PyeongChang Winter Games, the government said Monday.  The Ministry of Trade, Industry and Energy said it has launched a robot support team led by Oh Joon-ho, a professor of [...]

Allowing Beverages on International Flights Increases Satisfaction Level of Travelers, Employees

Allowing Beverages on International Flights Increases Satisfaction Level of Travelers, Employees

SEOUL, July 4 (Korea Bizwire) – It’s been almost three months since the Korean Ministry of Land, Infrastructure and Transport (MOLIT) modified regulations to allow cold beverages purchased from post-security zones to be brought onto international flights. The policy was implemented on April 12, and a recent survey revealed that the general satisfaction level of [...]

Korean Students More Concerned with ‘Public Security’ and Japanese with ‘Natural Disasters’

Korean Students More Concerned with ‘Public Security’ and Japanese with ‘Natural Disasters’

SEOUL, June 9 (Korea Bizwire) – A recent survey has revealed that Korean high school students are more interested in public security, while Japanese students are more concerned with natural disasters. Chinese students were more drawn to food and food safety. Japan’s National Institution for Youth Education conducted a survey regarding safety issues among high [...]

North Korean Hacking Style Found in Recent Attack on Air Force Website

North Korean Hacking Style Found in Recent Attack on Air Force Website

SEOUL, May 27 (Korea Bizwire) – A recent hacking attempt on South Korea’s Air Force’s website apparently used methods mostly employed by North Korean hackers, a military source said Friday, raising suspicion that Pyongyang might have been behind the cyberattack.  Military authorities have been conducting an investigation into a suspected hacking attempt into the official [...]