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Another Major Cyber Attack in South Korea
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FBN's Shibani Joshi on the investigation into a major cyber attack on South Korea.
- Duration 2:56
- Date Mar 20, 2013
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Transcript
This transcript is automatically generated
Fabulous Shibani Joshi.
Corporate IT departments now have new cause for concern after several South Korean banks and TV broadcasters.
-- fell victim to cyber attacks earlier today Shibani Joshi.
Has more on this developing story -- I kind of -- -- and I was right with -- yes it's been virtually another report of another major cyber attack thankfully not our -- -- but it does show.
Just how dangerous and just how paralyzing -- cyber attack can be.
On an economy and on -- nation now South Korean police are saying today that several banks.
And three of the nation's top broadcasters were hit by in need your cyber attack.
That paralyzed computer networks caused ATMs to malfunctions and even -- TV screens to go blank blank.
Today South Korean investigators are pointing their fingers at North Korea which is believed to be behind that attack.
And similar attacks that happened in 2009.
And 2000 and and eleven is well.
Andy you may think of this is a far away sort of experience but in fact we do business and we probably half South Korean products in our home use and every day including.
Products made by Samsung LG.
-- even Hyundai while infested officials investigated.
It does prove yet another example of just how costly cyber crimes are.
The South Korean kospi index is down about 1% in business was shut down.
And many parts of that nation and it's something that has really caught the attention of businesses government officials the military etc.
In this nation as well we seeing it we're seeing it happen more and more across the entire globe.
Guys who were simply talking about a more -- we've done we did a whole lot of reporting on of their last insider attacks in general but I wonder.
You know in South Korea for example mean this not exactly knew these things happen it's just -- the political sensitivity of it happening now.
When the North Korea South Korea conflict is back in the news so much for this cyber attacks -- a lot of South Korean open.
No they do they they they do happen they are happening more and more not just in South Korea but as you -- across the world.
I you covering it as some of the cyber attacks issues that this nation is tackling businesses -- attack in -- But again it's all about the timing and the sensitivity and and just how how pervasive it wasn't -- -- -- against Brock pastors.
Television screens going blank it wasn't a military attack it was an attack just against.
Financial institutions it was something that was so why -- and so widely seen by the public that kind of shook every one and and -- everyone's confidence you can say.
When he sees stuff like that start to happen in -- Life.
What exactly -- in China how to what extent is he addressed in -- -- I you know I've -- I'm not I'm not exactly sure -- what I do know is that they're right now investigators are still looking into this we're trying to figure out what exactly is going on but I imagine that's one of his top priorities in his new -- -- Their big time in the relationship with the Chinese should Bonnie thanks to -- -- there from the -- -- -- in.
