Displaying items by tag: South Korea

More than a month after cyber criminals claimed to have attacked the website of South Korean electronics giant LG Electronics using the Windows Maze ransomware, data stolen from the site has been published on the dark Web site of the ransomware group.

The prevalence and severity of cyber attacks are increasing at an alarming rate every year, so much so, that statistics estimate that cybercrime will cost the global economy a colossal $6 trillion per year by 2021 - with Australia among the countries most targeted by significant cyber attacks, according to analysis by one software firm.

The use of equipment from Chinese telecommunications equipment vendor Huawei Technologies in British 5G networks will be phased out from this year onwards, a report claims.