A malicious application disguised as a utility and productivity tool has targeted South Korean Android users, aiming to steal their financial information, including banking usernames and passwords. On Thursday, the Financial Security Institution (FSI), which is responsible for responding to cyber threats in the financial services sector in South Korea, warned that a bogus application […]

The Monti ransomware gang has claimed responsibility for a cyberattack on Wayne Memorial Hospital in Pennsylvania and has threatened to leak stolen data on Monday, July 8, 2024, unless their demands are met, according to Security Affairs. In a separate incident, the LockBit ransomware gang has added Fairfield Memorial Hospital in Illinois to their victim […]

On Wednesday, a data intelligence expert warned that advances in generative artificial intelligence could accelerate the commoditization of hacking tools, making them more versatile and accessible in the cyber threat landscape. In an interview with The Readable, Park Keun-tae, Chief Technology Officer at S2W, pointed out that the cyber threat landscape is shifting towards an […]

Data intelligence, recognized as a crucial technology in the artificial intelligence era, has become one of the most important tools for future enterprises. S2W, a company specializing in data intelligence, held a summit on Thursday to exchange insights on security and AI. A summit titled ‘SIS 2024 MERGE’ took place in Gangnam, Seoul, focusing on […]

Seoul, South Korea―Two prestigious think tanks, one based in South Korea and the other in the United States, convened in Seoul on Thursday to explore the current state of the cyber landscape in the Indo-Pacific region amidst shifting geopolitical power dynamics. On June 27, the Asan Institute for Policy Studies, in collaboration with the Center […]

A cybersecurity expert emphasized the importance of international cooperation to ensure transparency in the surveillance software ecosystem, asserting that such collaboration is crucial to prevent the unethical use of covert technologies, which, if left unchecked, could lead to irreversible consequences such as loss of privacy and erosion of public trust in governing institutions. Yoon Sang-pil, […]

Chinese nexus threat groups are showing increased interest in exploiting zero-day vulnerabilities, raising alarm across the Asia-Pacific region, which is a primary target for these malicious attacks, according to a cybersecurity expert on Tuesday. Alex Shim, the consulting leader for South Korea and Japan at Mandiant, a Google-owned cybersecurity firm, highlighted prominent threats targeting the […]

On June 18, Jerome Hamel, head of Cybersecurity Technical Governance at Bureau Veritas Consumer Products Services (CPS), addressed the vulnerabilities of internet of things (IoT) consumer products at the ‘IoT Cybersecurity Seminar‘ hosted by ICTK, a South Korean security design firm. Hamel identified IoT devices as the weakest link in cybersecurity. Hamel emphasized the fragmented […]