Attackers unidentified in most hacking attacks on financial firms: lawmaker
The attackers behind 16 of 18 suspected overseas hacking attacks against South Korean financial companies reported since 2024 remain unidentified, a lawmaker said Friday. According to a report by Rep. Song Eon-seok of the main opposition People Power Party, citing data from the Financial Supervisory Service, local financial firms have reported 18 hacking attacks originating overseas since 2024…
According to South Korean lawmaker Rep. Song Eon-seok, the attackers behind 16 out of 18 suspected overseas hacking attacks against financial firms since 2024 remain unidentified. The Financial Supervisory Service reported 18 hacking attacks originating overseas during this period, with attackers identified in only two cases. In July last year, Seoul Guarantee Insurance Co. was targeted by the ransomware group GUNRA, which disrupted operations for 64 hours.
In April, Baro Savings Bank experienced an attack by the ransomware group INC Ransom. The remaining 16 cases involved IP addresses believed to be located overseas, with the countries of origin unknown in three cases, which included China, the United States, Bulgaria, and Vietnam. The lawmaker emphasized the need to promptly establish an AI-based defense system to combat these cyber threats.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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