Thursday, May 15, 2008

[The Chosun Ilbo, April 18 2008] Bigger, More Dangerous Hacker Attacks Threaten Net Industry

Korea's Internet industry has been rocked by the news that the personal information of some 10.81 million users of Auction, the country's largest e-marketplace, was leaked in a hacking incident. The massive leak vividly demonstrates the vulnerability of Korea's e-marketplaces, which last year processed some W413 trillion (US$1=992) in online transactions.

Several highly-publicized hacking incidents have proved an embarrassment for a country that prides itself on its technological savvy. After the attack on Auction earlier this year, Daum, the country's second-largest search engine, and Mirae Asset, the country's largest securities firm, were both attacked by hackers. Popular online video games, including Blizzard Entertainment's "World of Warcraft" and Yedang Online's "Priston Tale 2," each of which boasts hundreds of thousands of users, have suffered similar attacks.

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