This article was written based on an interview with Han Seung-cheol, CEO of NPCore, an AI-based new variant malware (APT) response solution provider in Korea. -- Ed. Before Russia invaded Ukraine, Chinese hackers conducted cyberattacks against 600 places, including major facilities and institutions,
The author is an analyst of Shinhan Investment Corp. He can be reached at eoyeon.hwang@shinhan.com. -- Ed. Sejin Heavy Industries plans a backdoor listing of its subsidiary Ilseung, which it acquired for KRW10bn (book value of KRW9.7bn) in October 2017, via a merger with Mirae Asset Daewoo Special P
As global cloud service providers including Amazon Web Services (AWS) and Microsoft (MS) are eyeing the Korean financial market, competition between local and foreign providers is expected to intensify in the cloud market.Korean cloud service providers, including KT, Naver Business Platform (NBP) an
LG U+ is planning to release the results of security verification for 5G equipment from China’s Huawei in August or September this year. The company is trying to address the growing controversy over the security of Huawei equipment. Yet the controversy keeps spreading to major European countries, ma
New security vulnerabilities have been discovered for China’s DJI drones on which backdoors are highly likely to be mounted. With backdoor fears of Chinese products spreading around the world, South Korea’s major public agencies are taking the lead in purchasing Chinese drones. According to Israeli
Security controversy over Chinese company Huawei’s 5G equipment is continuing prior to the selection of network equipment makers by KT and LG U+. SK Telecom has already excluded Huawei from the list of its 5G equipment partners.Industry watchers say Korean mobile service users have grave concern ove
Servers from Supermicro, which are regarded as the Chinese government’s spy servers, are in wide use in South Korean financial institutions, large corporations and state-run research institutes, including the Electronics and Telecommunications Research Institute (ETRI) and the Korea Aerospace Resear
Security risks stemming from China are spreading across South Korea as personal information could be leaked when CCTVs made in China are hacked.According to industry sources, concerns over the possibility of hacking via home IP cameras made in China are spreading to cover public CCTVs installed nati
The security vulnerabilities of Huawei products have been rapidly increasing every year. Huawei recently said that there was no security problem with its products, reassuring Korean mobile operators who have to select equipment suppliers to build their 5G networks. But analysts are saying that Huawe
As the United Arab Emirates (UAE) unexpectedly made a largest ever investment in the South Korean stock market in November last year, much attention has been given to what is behind it. The Middle East nation might have suddenly become attracted to domestic stocks. However, it is considered exceptio
LG U+ announced on December 8 that it would inspect the security of Huawei’s telecom equipment, which it is going to import, with domestic and international organizations. The announcement is to alleviate the concerns of the US government and some Korean Senators who have said that the base station
It has been found that repeated cyber attacks have recently occurred, targeting social infrastructure such as the government, colleges, energy companies, and Internet firms. According to Fireeye, a company specialized in the development of anti-advanced persistent threat (APT) software, a large numb
The Korea Securities Dealers Auto-mated Quotations (KOSDAQ), which began an over-the-counter market in April 1987 and turned into one of competitive bidding in 1998, celebrated its 15th anniversary on July 1, 2011. The combined gross sales of the companies listed on the KOSDAQ amounted to 101 trill