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Wave of cyber breaches exposes growing risks to Korea’s digital economy

A pedestrian walks past automated teller machines (ATMs) operated by commercial banks in Seoul, Oct. 25. Yonhap A relentless wave of cyberattacks on Korean banks, telecom operators, businesses and government agencies has exposed growing risks to the country’s digital economy, highlighting the need for stronger cybersecurity. The scale and frequency of the breaches have raised…

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Special counsel raids NEC headquarters for 2nd day over improper stipends

The National Election Commission (NEC) headquarters in Gwacheon, Gyeonggi Province / Korea Times photo by Kang Ye-jin Investigators raided the National Election Commission (NEC) headquarters for the second day Tuesday over suspicions that the election watchdog illegally paid commissioners monthly allowances even after the state auditor noted that such payments lacked a legal basis. Sixty-five…

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Rapper Yang Hong-won deletes wedding photos, unfollows wife after cheating allegations

Yang Hong-won / Captured from social media Rapper Yang Hong-won has deleted all photos of his wedding to model Won Hyun-joo from his social media account, drawing renewed attention to the couple’s relationship after he faced cheating allegations just five days into their marriage. As of Tuesday, posts containing photos from Yang and Won’s wedding…

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NIS asks 2,100 public institutions to conduct emergency cybersecurity checks

National Intelligence Service head office / Yonhap Korea’s spy agency has asked 2,100 public institutions to conduct emergency cybersecurity inspections following a series of cyberattacks on financial firms that resulted in customer data breaches, government sources said Tuesday. The National Intelligence Service (NIS) has called on the central government agencies and local governments to carry…

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