Cybersecurity News that Matters

Cybersecurity News that Matters

A new and advanced cyber threat targeting NFC (Near Field Communication) payment technology is spreading quickly, prompting urgent warnings from financial authorities in South Korea. The Financial Security Institute (FSI) issued a press release revealing that cybercriminals are exploiting NFC-based payment systems to steal transaction data in real time, enabling unauthorized payments and withdrawals. Unlike […]

“Weekend Briefing” is a weekly newsletter sent to subscribers of The Readable every Friday. Our journalists select important news items from the previous week on topics ranging from privacy to policy development in cybersecurity, all to help you stay abreast of the latest breaking issues. Chinese state-sponsored hackers are increasingly targeting vulnerabilities in edge infrastructure […]

Seoul, South Korea ― Chinese advanced persistent threat (APT) groups are focusing on vulnerabilities in edge infrastructure—such as virtual private networks (VPN), routers, and email gateways—rather than on weaknesses resulting from individual negligence, according to a security expert at Google Cloud. Luke McNamara, deputy chief analyst of Mandiant Intelligence at Google Cloud, disclosed the findings […]

Security

The Korea Internet & Security Agency (KISA) has called on companies to conduct thorough inspections and strengthen their security measures in response to the recent surge in cyberattacks. In a security advisory released on Tuesday, the agency advised companies to improve their information security by implementing countermeasures to prevent breaches. The advisory highlights that unidentified […]

As cyberattacks grow sophisticated beyond the point where cyberdefense companies working independently will be less and less able to defend against them, the need for collaboration within the field is more important than ever. “Security companies might be competitors in the same industry, but for security to advance overall worldwide, they need to pool their […]

South Korea’s intelligence agency announced on Wednesday that it will thoroughly prepare to prevent North Korean and Chinese cyberattacks from influencing South Korea’s election. On January 24, the National Intelligence Service (NIS) held a briefing at the National Cyber Security Center and stated that North Korea and China were identified as the main axes of […]

Aviation leaders will meet this month to tackle safety concerns arising from cyberattacks that spoof GPS systems, as reported by Reuters. These attacks have steered commercial aircraft off course, and the surge in GPS interference poses a threat to aviation security. To help explain this critical issue, this report will discuss general security challenges in […]

The healthcare sector has become a prime target for cyberattacks and the repercussions extend beyond data breaches. Ambulance diversions, emergency room closures, and surgery postponements resulting from cyberattacks are systemic vulnerabilities that could turn deadly. The following list includes healthcare organizations and medical facilities that faced emergency service disruptions due to cyberattacks in 2023. Additionally, […]

Okinawa, Japan ― MobiSec 2023 ― While phone scammers are taking advantage of cutting-edge artificial intelligence technology to exploit their victims more adroitly, security researchers have joined forces to identify the weakest points in their deceitful process to create countermeasures against this latest threat. Jung Souhwan, professor of electronic engineering at Soongsil University and head […]

Generative artificial intelligence technology will be one of the biggest cyber threats next year as AI-powered tools could lower the entry barrier for inexperienced users to conduct cyberattacks, according to the South Korean government on Monday. On December 18, the Ministry of Science and ICT and the Korea Internet & Security Agency (KISA) released a […]

A former senior employee of Samsung Electronics is facing criminal charges for allegedly transferring semiconductor-related technology from the South Korean tech-giant to a Chinese company. The nation has been grappling with the issue of trade secret theft over the past year amid a string of high-profile cases involving prominent employees of Samsung Electronics. On December […]

The United States is experiencing an increase in cyberattacks targeting industrial control systems (ICS). Critical infrastructure like water treatment systems rely on ICS to ensure the safety of drinking water. A joint security advisory was released on December 1 in response to ongoing cyberthreats against U.S. water systems and other sectors. The advisory was co-authored […]

“Weekend Briefing” is a weekly newsletter sent to subscribers of The Readable every Friday. Our journalists select important news items from the previous week on topics ranging from privacy to policy development in cybersecurity, all to help you stay abreast of the latest breaking issues. And not only is this provided free of cost to […]

Stay Ahead with The Readable's Cybersecurity Insights