China, North Korea, Implicated in Cyberattack on South Korea's Banks
March 21, 2013 5:56 PM
Chinese IP address carried out the attack on Wednesday, according to SK officials
flaring tensions with neighboring North Korea
, South Korea was hit on Wednesday by a major cyberattack. The attack left 32,000 servers at media and financial companies damaged, according to government officials. According to South Korea's National Computing and Information Agency the attack affected nine companies -- three broadcaster, four banks, and two insurance companies -- and was carried out via infectious malware.
I. Damaging Cyberattack Came From Chinese IP, NK Suspected
China has officially condemned recent
North Korean nuclear tests
, back harsh new UN sanctions for the first time. But an investigation by the South Korean government raises questions of just how opposed to North Korean aggression China is, as the attack was
traced back to a Chinese IP address
South Korea's Communications Commission announced on Thursday that it had traced the attack back to China. Hong Lei, a Chinese foreign ministry spokesman, quickly denied that his nation had anything to do with the punishing assault. He comments, "We have pointed out many times that hacking is a global issue. It is anonymous and transnational. Hackers would often use IP addresses from other countries to launch cyberattacks."
While the attack's path through China raises tough questions, it is believed that it was North Korea who authored the code involved in the blast. Adam Segal, a cybersecurity expert with the Council on Foreign Relations, asserts that North Korea is thought to have carried out a similar attack during a rise in tensions a couple of years ago. He appears to be referring
to 2009, 2010, and 2012 attacks
, which struck South Korean banking and media institutions. South Korean officials blamed those attacks on North Korean hackers.
The attack crippled ATMs in South Korea on Wednesday. [Image Source: AP]
The damage from the attack was most secure at the financial institutions. While one of the banks -- Seoul's Woori Finance Holdings Comp. Ltd. (
) -- repelled the attack and stayed open, three other banks -- Shinhan Financial Group Comp., Ltd. (
), Nonghyup, and Jeju -- were so badly affected, they were forced to close. Internet banking, ATMs and telecommunication services were all impacted.
At TV stations, the impact was less pronounced; some editing systems were taken offline.
II. North Korea Accused U.S. of Cyberattacks Last Week
North Korea last week scrapped a 60-year-old armistice agreement that ended the Korean War, announcing its plans to attack South Korea. Since then the U.S. has deployed B-52 bombers flying over South Korea, ready to strike targets in the North if necessary. The U.S. is also deploying missile interceptors to prevent the crude nuclear missile Washington believes North Korea to be developing from hitting cities in South Korea, Japan, or the U.S.
The cyberattacks may be a two way street. Last week North Korea's state-run Korean Central New Agency (KCNA) accused the U.S. and South Korea of "intensive and persistent virus attacks."
North Korea is on the verge of war with its neighbor. [Image Source: CNN]
The two nations have long accused each other of cyberwarfare. In testimony to Congress last year, Gen. James D. Thurman asserted North Korea was spending a large amount to develop cyberoffensive capacity, commenting, "North Korea employs sophisticated computer hackers trained to launch cyberinfiltration and cyberattacks. Such attacks are ideal for North Korea, providing the regime a means to attack [South Korea and the U.S.] without attribution."
The malware in Wednesday's attacks is a newer version of a strain of malware known as "DarkSeoul".
The U.S. reportedly has carried out
a series of
"So if you want to save the planet, feel free to drive your Hummer. Just avoid the drive thru line at McDonalds." -- Michael Asher
Intelligence Adviser Warns China's Hacking is Hurting Relations, China Offers Talks
March 12, 2013, 2:27 PM
China Losing Patience as North Korea Threatens Nuclear Strike on U.S.
March 7, 2013, 4:37 PM
North Korea Conducts Third Nuclear Test, Upsets U.N.
February 12, 2013, 6:23 PM
Iran Accuses U.S., Israel of Causing "Unwanted Slowness" on its Internet
October 4, 2012, 4:34 PM
United States Accused of Using Flame to try to Cripple Iran's Economy
June 22, 2012, 1:31 PM
Amazon Airborne Fulfillment Center – Your Merchandise Drop-Shipped from the Clouds
December 29, 2016, 5:00 AM
Amazon is experimenting with a new kind of grocery stores, Amazon Go
December 8, 2016, 5:00 AM
Google has developed Deep Learning Algorithm to detect Diabetic Eye Disease
December 4, 2016, 5:00 AM
Google plans ultra-fast wireless Internet for Research Triangle Park, N.C.
August 12, 2016, 6:30 AM
Twitter Senior VP: "Diversity is Important, But We Can’t Lower the Bar"
November 9, 2015, 9:59 AM
CNN Resorts to Internet Censorship to Promote Clinton Over Senator Sanders
October 15, 2015, 2:47 PM
Most Popular Articles
OPPO R9 – The Smartphone with Excellent Camera and Long Battery Life
January 12, 2017, 12:01 AM
Are you in the market for a private antenna?
January 11, 2017, 12:01 AM
Comparison: Xiaomi Mi Mix Vs. HTC U Ultra
January 14, 2017, 12:10 AM
Super Hi- Vision Will Amaze the World
January 16, 2017, 9:53 AM
Huawei P10 Smartphone – Coming this Spring
January 11, 2017, 12:01 AM
Latest Blog Posts
News of the Day Wednesday 1/18/2017
Jan 18, 2017, 12:01 AM
Jan 17, 2017, 12:16 AM
News of the Day
Jan 16, 2017, 12:10 PM
News and Technology Advancement
Jan 16, 2017, 7:58 AM
Jan 15, 2017, 12:32 AM
Here is Some News
Jan 14, 2017, 12:39 AM
News: Improved and New products
Jan 13, 2017, 12:01 AM
News around the world
Jan 12, 2017, 12:01 AM
Rumors and Announcements
Jan 11, 2017, 12:01 AM
This year CES and ridiculous gadgets
Jan 10, 2017, 12:01 AM
Nokia Android phone spurns the west.
Jan 9, 2017, 12:08 AM
New at CES 2017 - Changhong 8K Super Slim TV 65ZHQ3R
Jan 8, 2017, 1:07 AM
Debuted at CES 2017 - Vuzix Blade 3000 Smart Sunglasses
Jan 8, 2017, 12:39 AM
Some news of Day
Jan 7, 2017, 12:01 AM
News 2017 CES
Jan 6, 2017, 12:01 AM
Here is the Latest News in Tech
Jan 5, 2017, 1:47 AM
AI Beats World’s Best at Chinese board game “Go”
Jan 4, 2017, 11:21 AM
Las Vegas 2017 CES
Jan 3, 2017, 12:01 AM
News of Jan 2nd 2017
Jan 2, 2017, 4:40 AM
More Blog Posts
Copyright 2017 DailyTech LLC. -
Terms, Conditions & Privacy Information