Posts Tagged ‘CCP Cyber Attacks’
South Korean Banks Receiving Over 600 Cyber Attacks Daily.
Since 2017, South Korean banks have been targeted to an average of roughly 600 cyberattacks each day, with China being the primary source of attacks, according to the Financial Services Commission of South Korea (FSC). According to Yonhap News Agency, a recent FSC report released by South Korean National Assembly member Kang Min-Kook revealed that 17 banks in South Korea were subjected to 1,091,606 cyberattacks from 2017 to 2021, averaging 598 attacks per day, with at least a third coming from China. The FSC data, according to the report, only includes financial institutions that provide retail banking services. If savings banks, insurance firms, and other financial institutions were included, the number of cyberattacks would be far greater. According to FSC data, foreign IP addresses were responsible for 82.2 percent of cyberattacks, with China accounting for 34.7 percent and the United…Read More