The National Intelligence Service is conducting a review of cyber terrorism preparedness on the country’s energy infrastructures including electricity, gas and water supply networks, the agency announced Monday. The measure comes after the recent cyber attacks in the United States that targeted the data of the energy infrastructures and demanded payment in cryptocurrency. The NIS has already looked into the nation’s control system of water purification plants with the Ministry of

Industry June 28, 2021

South Korean lenders appear to be seeking ways to develop future-oriented customer services by forging partnership with retailers that have vast sales networks across the country, such as convenient store chains. In the latest development, Shinhan Bank on Monday signed a business agreement with GS Retail, which operates convenient store chain GS25, to design a new business model of mutual interest, officials said. The partnership states Shinhan Bank and GS Retail plan to develop a convenience

Market May 26, 2021