Cybersecurity News that Matters

Cybersecurity News that Matters

A closely watched Chinese government-backed cyber espionage campaign has been found targeting a prominent Southeast Asian government agency, new findings out Tuesday reveal. The Crimson Palace campaign, tracked by Sophos researchers, details newer and more sophisticated cyberattacks targeting government organizations, non-governmental entities and public service networks in the region. According to the analysis, the attackers […]

With more than 60 percent of companies in the United States having filed a cyber insurance claim in the last 12 months, U.S. companies are increasingly adopting advanced technologies such as artificial intelligence to secure cyber insurance coverage and mitigate rising costs, according to a report. On Tuesday, the identity security service provider Delinea released […]

Seoul, South Korea—2024 AI Security Day Seminar—An attorney specializing in artificial intelligence stated Thursday that nearly all deepfake crimes involve pornography, with female victims being the most common targets. The lawyer emphasized the urgent need for legislation to address these crimes. Lee Keun-woo, an attorney at Yoon and Yang LLC, highlighted the growing issue of […]

Security

RSA Conference 2023 ― San Francisco ― Cybersecurity experts warned that misinformation has been weaponized as a growing cyber threat, calling for action within the cybersecurity industry to protect corporations and individuals. “With disinformation, you are tricked into downloading the exploitable directly into your brain,” said Ted Schlein, the chairman and general partner of Ballistic […]

LockBit, one of the most prolific ransomware hacking groups, is using their victims’ financial statements as leverage to maximize their profits, according to a cyber incident response expert on Thursday. “There have been multiple cases in which hackers demand payments based on the targeted companies’ financial documents,” said Lim Jung-yeon, a senior staff researcher and […]

By Kuksung Nam, The ReadableApr. 19, 2023 8:53PM GMT+9 The ransomware group LockBit might have uploaded the domain name of the South Korean tax agency on their dark web leak site as part of an April Fool’s Day prank, South Korean cybersecurity experts suggested. The threat intelligence experts from SK Shieldus, the country’s leading cybersecurity […]

By Kuksung Nam, The ReadableApr. 18, 2023 7:20PM GMT+9 A South Korean national security adviser is headed to Lithuania on Monday to attend an international conference aimed at enhancing cybersecurity cooperation between the North Atlantic Treaty Organization (NATO) member states and Asia-Pacific countries. Lim Jong-deuk, the second deputy national security adviser, is visiting the capital […]

Updated Apr. 22, 2023 2:00PM GMT+9 Rambus, a leading American semiconductor company known for its expertise in silicon intellectual property (IP) and chip solutions, has recently signed a Memorandum of Understanding (MOU) with South Korea’s ICTK Holdings. This strategic collaboration aims to leverage physically unclonable function (PUF) technology, a cutting-edge security solution that has the […]

By Kuksung Nam, The ReadableApr. 3, 2023 6:43PM GMT+9 Updated Apr. 8, 2023 1:25PM GMT+9 The National Tax Service said on Monday that they have found no evidence of data disclosure by the ransomware hacking group LockBit and stated that there was no impact on South Korean taxpayers’ records. The NTS has been cautiously monitoring […]

A ransomware hacking group known as LockBit claimed to have breached the South Korean tax agency’s website. On Wednesday, the cybercriminals posted the National Tax Service’s domain name on its leak site. A leak site is a website on the dark web where hackers upload the data that they have stolen. LockBit did not disclose […]

Updated Mar. 30, 2023 7:36PM GMT+9 Microsoft launched an artificial intelligence chatbot designed to ease the workload of cybersecurity professionals. According to a press release on Tuesday, Microsoft explained that the new tool named “Security Copilot” will act as an assistant for cybersecurity experts. Just like a real-world copilot assists the captain during the flight, […]

Local governments in South Korea are no longer allowed to use CCTV cameras that have not gone through security verification by an official testing institute. Security standards for video recording devices in the public sector were no more than recommendations, until the intelligence agency raised the bar recently. According to multiple local news outlets, the […]

By Kuksung Nam, The ReadableMar. 24, 2023 7:53PM GMT+9 “Weekend Briefing” is a weekly newsletter that is sent to The Readable’s subscribers every Friday. Cybersecurity journalists for The Readable carefully select important news stories from the previous week and deliver them in a compact form. Topics encompass cybercrime, geopolitics, and privacy. There are no costs […]

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