One 2021 malware breach accounts for 1,130 of Seoul National University's 1,132 leaked records
Seoul National University told a lawmaker that 1,130 of the 1,132 records leaked in 28 hacking incidents since 2021 came from a single 2021 attack. Departmental systems were hit most often, so attack frequency and data loss need separate explanations.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence55
Korean firms buy cyber insurance only up to the privacy law's minimum
Only 153 of the 2,486 new cyber policies Samsung, DB, Hyundai, KB and Meritz wrote in the first half, or 6.2%, covered breach response and recovery. More than nine in ten were the liability cover Korea's privacy law requires, so companies pay for breach investigation and data recovery themselves.
Reality
- Evidence55
- Adoption12
- Hype gap+10
- Incentives60
- Confidence55
Coupang has filed two suits in the Seoul Administrative Court to cancel the Personal Information Protection Commission's record 624.7 billion won in fines. The court's answer is likely to become the reference price for a data breach at a large Korean platform.
Perspective Coverage
4 publishers
- Builder
- Builder 19%
- Operator
- Operator 37%
- Investor
- Investor 44%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+8
- Incentives55
- Confidence68
Malgnsoft, an online training vendor, lost data on about 5,000 Kia union members in a hack that reached about 20 of its client organizations. One of those clients is the defense ministry, so a car-plant union's risk depended on who else kept records with the same vendor.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+15
- Incentives40
- Confidence60
Nikkei said attackers used hijacked staff Microsoft 365 accounts to send about 9,000 malicious-link emails on September 30, many to outside sources. The company believes recipients' names and addresses were exposed and expects more mail impersonating its staff.
Perspective Coverage
6 publishers
- Builder
- Builder 19%
- Operator
- Operator 60%
- Investor
- Investor 21%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+10
- Incentives30
- Confidence65
Osaka Metropolitan University cancelled classes after a suspected ransomware attack stopped about 500 servers, Japanese media reported. Records on at least 130,000 current and former students, faculty and others may be exposed, though the university has not confirmed any theft.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence62
Regulators head for Sejong, and the access bill lands on the firms they supervise
The FSC relocation plan reaches Cabinet this week. The agency trades address for institutional survival, while supervised firms in the capital region absorb the access cost on an unpublished timeline.
Reality
- Evidence34
- Adoption16
- Hype gap+14
- Incentives74
- Confidence38