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Korean Ministry of Strategy and Finance to establish cyber security center

Korean Ministry of Strategy and Finance to establish cyber security center

The Ministry of Strategy and Finance will establish a cyber security center for financial and economic agencies, officials said yesterday. They said the security center to be set up early next year will be responsible for protecting major economic and financial organizations including the Bank of Korea and the National Tax Service.

The plans have been drawn up apparently in response to an incident in February when hackers broke into the Finance Ministry’s computer system. At the time, hackers sent e-mails disguised as official correspondences to Finance Ministry officials to break into the system.

The case is being investigated by the National Intelligence Service as the ministry’s system contains information concerning the country’s economic policies and other classified materials and the hackers may have been acting on behalf of other countries.

URL: http://www.hackinthebox.org/index.php?name=News&file=article&sid=31349

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