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…
Most hacking attacks on South Korean financial firms since 2024 have gone unattributed to specific attackers, according to lawmaker Rep. Song Eon-seok. Of the 18 suspected overseas hacking incidents reported by local financial institutions to the Financial Supervisory Service through Thursday, only two attacks were traced back to known entities.
In July 2024, Seoul Guarantee Insurance Co. fell victim to a ransomware attack from group GUNRA, which caused a 64-hour operational disruption. April saw Baro Savings Bank targeted by ransomware group INC Ransom. The remaining 16 attacks remain unidentified, with 13 linked to IPs believed overseas and the origin of three cases unknown.
These IPs could be located anywhere in the world, not necessarily the physical location of the attacker. Rep. Song advocates for the urgent establishment of an AI-based defense system to combat these unidentified attacks.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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