A breach every month raises doubts about South Korea’s digital defenses


South Korea is world-famous for its blazing-fast internet, near-universal broadband coverage, and as a leader in digital innovation, hosting global tech brands like Hyundai, LG, and Samsung.

But this very success has made the country a prime target for hackers and exposed how fragile its cybersecurity defenses remain. The country is reeling from a string of high-profile hacks, affecting credit card companies, telecoms, tech startups, and government agencies, impacting vast swathes of the South Korean population.

Read more…
Source: TechCrunch News


Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox


Related:

  • Andariel evolves to target South Korea with ransomware

    June 15, 2021

    In April 2021, we observed a suspicious Word document with a Korean file name and decoy. It revealed a novel infection scheme and an unfamiliar payload. While we were doing our research into these findings, Malwarebytes published a nice report with technical details about the same series of attacks, which they attributed to the Lazarus ...

  • GandCrab ransomware affiliate arrested for phishing attacks

    March 9, 2021

    A suspected GandCrab Ransomware member was arrested in South Korea for using phishing emails to infect victims. The GandCrab ransomware operation started in January 2018 when it quickly became a malware empire threatening businesses worldwide. Operated as a Ransomware-as-a-Service (RaaS), the GandCrab developers teamed up with affiliates in a revenue share partnership, with affiliates earning between 70-80% ...

  • North Korean hackers launch RokRat Trojan in campaigns against the South

    January 7, 2021

    A North Korean hacking group is utilizing the RokRat Trojan in a fresh wave of campaigns against the South Korean government. The Remote Access Trojan (RAT) has been connected to attacks based on the exploit of a Korean language word processor commonly used in South Korea for several years; specifically, the compromise of Hangul Office documents ...

  • Lazarus malware strikes South Korean supply chains

    November 16, 2020

    Lazarus malware has been tracked in new campaigns against South Korean supply chains, made possible through stolen security certificates. On Monday, cybersecurity researchers from ESET revealed the abuse of the certificates, stolen from two separate, legitimate South Korean companies. Lazarus, also known as Hidden Cobra, is an umbrella term for select threat groups — including offshoot entities ...

  • Internet Explorer and Windows zero-day exploits used in Operation PowerFall

    August 12, 2020

    In May 2020, Kaspersky technologies prevented an attack on a South Korean company by a malicious script for Internet Explorer. Closer analysis revealed that the attack used a previously unknown full chain that consisted of two zero-day exploits: a remote code execution exploit for Internet Explorer and an elevation of privilege exploit for Windows. Unlike ...