Defense contractors' cyber security system faces inspection to prevent hacking

Park Sae-jin Reporter() | Posted : March 4, 2022, 14:17 | Updated : March 4, 2022, 15:44

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SEOUL -- The security system of South Korean defense contractors will be scrutinized to find possible breach points and prevent cyberattacks including data breaches and hacking. The project is aimed at helping medium-sized companies upgrade their cyber security capabilities. 

According to Ahn Lab, an online security solution and service company in South Korea, cryptocurrency exchanges and data systems of government bodies and partner companies were the main target of cyberattacks in 2020. Banks and online shopping malls were also attacked by hackers who tried to disable servers using the denial-of-service (DDoS) attack method which basically creates a data bottleneck phenomenon at communication gateways by repeatedly sending useless data packets.
 
Ahn Lab said that about 1.7 million cyberattacks against government systems and affiliated companies take place every day. More than 84 percent of hackers tried to send faux emails containing malicious codes or steal important data. Hackers wanted victims to pay ransom with cryptocurrency.
 
Starting in May, the Defense Acquisition Program Administration (DAPA) will roll out a 2.6 billion won ($2 million) project to inspect the cyber security system of 85 defense companies. DAPA will find security loopholes and possible breach points and upgrade systems. 
 
"Data breach in defense companies is a serious problem that could pose a threat to South Korea's security. It is vital to prevent such attacks to ensure the safety of the country and its people," DAPA's national technology security bureau officer Lee Young-bin told Aju Business Daily on March 3.
 
DAPA will simulate hacking attacks on security systems and carry out anti-hacking training programs to prevent hacking and minimize damage in case of data breaches.  
 
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