South Korea | Breaking Cybersecurity News | The Hacker News

Since all threats to data security and privacy often come from outside, but internal threats are comparatively more dangerous and a difficult new dimension to the data loss prevention challenge i.e. Data Breach . The " Insider threats " have the potential to cause greater financial losses than attacks that originate outside the company. This is what happened recently with three credit card firms in South Korea , where the financial and personal data belonging to users of at least 20 million, in a country of 50 million, was stolen by an employee, who worked as a temporary consultant at Korean Credit Bureau (KCB). " Confidential data of customers ranging from the minister-level officials to celebrities, including their phone numbers, addresses, credit card numbers, and even some banking records, have been leaked from Kookmin Bank, Shinhan Bank and several other commercial banks ", The stolen data includes the bank account numbers, customers' names, social security number

The most critical and worst target of a State-sponsored cyber-attack s could be Hospitals, Dams, Dykes and Nuclear power stations and this may cause military conflicts between countries. According to Japan Today , The Monju nuclear power plant in Tsuruga, Japan was accidentally targeted by a malware on 2nd January, when a worker updated the system to the latest version of the video playback program. Monju Nuclear Plant  is a sodium-cooled fast reactor, was launched in April 1994. It has not been operational for most of the past 20 years, after an accident in which a sodium leak caused a major fire. Employees over there are only left with a regular job of company's paperwork and maintenance. So the malware could have stolen only some sensitive documents, emails, training records and employees' data sheets. The Malware command-and-control server suspected to be from South Korea. The malware itself is not much sophisticated like Stuxnet  or Duqu, but the unmanaged software u

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Last Tuesday, The National Police Agency of South Korea warned the people that many Malware infected video games being offered in the South Korean markets with the purpose of launching Cyber attacks on the Country. That Malware is collecting location data and IP addresses of infected users and according to experts, malware is sending data back to its master servers based in North Korea . Just today the Korea's largest anti-virus software firm AhnLab  confirmed that they have detected distributed denial-of-service (DDoS) attacks on local companies' websites. According to the report, about 16 websites of 13 companies, including Daum, MSN and the JoongAng Ilbo newspaper had been affected. AhnLab said that some 10-thousand computers have been hit, mainly because they failed to install a vaccination program or update an existing one since the last cyber attack in July. The attack was detected around 4:00 p.m. on Thursday, infecting around 10,000 computer

South Korea 's Ministry of National Defense is banning its employees from using the  smart phones inside of the ministry's building in a bid to prevent military data leaks. At present, the only way to ensure sensitive corporate and Defense data is not lost is to provide employees with devices owned and controlled by the enterprise. Staffers will still be allowed to make phone calls or use text messaging services and also visitors will also be required to leave their smartphones at the entrance, officials said Wednesday. Defense ministry employees will be required to install a smart phone application which deactivates major smart phone functions like computing, Internet connectivity and the camera. Employees will be allowed to answer and make phone calls and use text messaging services and the plan will kick in on July 15.