(News Focus) Wave of cyber breaches exposes growing risks to S. Korea's digital economy
SEOUL, Nov. 3 (Yonhap) -- A relentless wave of cyberattacks on South Korean bank...
A wave of cyberattacks targeting South Korea's banks, telecom operators, businesses, and government agencies has exposed significant risks to the country's digital economy, prompting calls for stronger cybersecurity measures. These breaches, which have included the leak of personal information belonging to 168 individuals on President Lee Jae Myung's presidential flight, have raised concerns that cyber threats could extend beyond data theft to disrupt financial services, business operations, and industrial supply chains.
The National Intelligence Service (NIS) has launched emergency security inspections at over 2,100 government agencies and plans to conduct checks on critical public infrastructure, with inspections expected to be completed by mid-November. The financial sector has also been hit, with cybersecurity incidents confirmed at 16 financial firms, affecting approximately 100,000 customer records.
Experts warn that the growing use of AI tools by hackers to find security weaknesses and launch attacks could exacerbate these risks, particularly for South Korea's highly digitalized economy and key manufacturing industries reliant on connected factories and automated production systems.
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