ANZ Dashboard Digest

Cybersecurity Plagues Nation

DATA LOSS—SOUTH KOREA

April 22, 2011

The Korea Times reports on a survey that suggests more than 50 percent of Korean computer users have had personal information leaked online, "as if the country needed further evidence that it does have a cybersecurity defense problem." According to CIO, South Korean authorities are also investigating a "large system failure" at the National Agricultural Cooperative Federation, a popular bank, where "customers were blocked from online and automated teller transactions." South Korea has a recent history of damaging privacy breaches, including a "massive security breach at Hyundai Capital," the online services of Shinsegae Department Store and Auction, South Korea's largest online retailer.
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