On Wednesday, many South Korean enterprises, particularly banks and media companies, were hit with cyberattacks. The malware used by the hackers erases all data from hard drives. Early investigations reveal the attacks originated at an IP address in China, and some believe North Korea may be to blame.
Shaun Waterman with The Washington Times reported, “Hackers hit South Korea’s top banks and TV broadcasters Wednesday in a sophisticated online attack that crashed computer networks, knocked bank websites offline and shut down ATMs for several hours — prompting widespread speculation that North Korea had launched a cyberattack. Although ATMs were back online within a few hours and none of the broadcasters was knocked off the air, the attack highlights the vulnerability of computer networks — and the ability of attackers to strike anonymously and without warning.”
Robert Lemos with eWeek added, “A destructive piece of malware, similar in function to the program used to delete data on tens of thousands of computers at a Middle Eastern oil conglomerate, caused widespread outages March 19 at major businesses in South Korea, IT security firms confirmed on March 20. The malware, dubbed ‘Jokra’ by security firm Symantec, wipes all data from any hard drive connected to an infected computer—a tactic similar to the August 2012 attacks on oil giant Saudi Aramco that was reportedly carried out by Iran and referred to by U.S. Defense Secretary Leon Panetta as ‘the most destructive attack that the private sector has seen to date.'”
The Associated Press observed, “A Chinese Internet address was the source of a cyberattack on one of the South Korean companies hit in a massive computer shutdown that affected five other banks or media companies, initial findings indicated Thursday. It’s too early to assign blame — Internet addresses can easily be manipulated and disguised — but suspicion for Wednesday’s shutdown quickly fell on North Korea, which has threatened Seoul with attack in recent days because of anger over U.N. sanctions imposed for its Feb. 12 nuclear test. Experts say hackers often attack via computers in other countries to hide their identities. South Korea has previously accused North Korean hackers of using Chinese addresses to attack.”
Another high-profile hack attack that occurred on the same day caused much less damage. BBC News reported, “The BBC Weather Twitter account has been hijacked by a group calling itself Syrian Electronic Army. A series of tweets about fake weather conditions in Middle Eastern countries began appearing on Thursday afternoon.” Those fake tweets included, “Saudi weather station down due to head-on collision with camel,” and “Chaotic weather forecast for Lebanon as the government decides to distance itself from the Milky Way.”
Huawei’s AI Update: Things Are Moving Faster Than We Think
FEATURE | By Rob Enderle,
December 04, 2020
Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 18, 2020
Key Trends in Chatbots and RPA
FEATURE | By Guest Author,
November 10, 2020
FEATURE | By Samuel Greengard,
November 05, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 02, 2020
How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 29, 2020
Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 23, 2020
The Super Moderator, or How IBM Project Debater Could Save Social Media
FEATURE | By Rob Enderle,
October 16, 2020
FEATURE | By Cynthia Harvey,
October 07, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
October 05, 2020
CIOs Discuss the Promise of AI and Data Science
FEATURE | By Guest Author,
September 25, 2020
Microsoft Is Building An AI Product That Could Predict The Future
FEATURE | By Rob Enderle,
September 25, 2020
Top 10 Machine Learning Companies 2020
FEATURE | By Cynthia Harvey,
September 22, 2020
NVIDIA and ARM: Massively Changing The AI Landscape
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
September 18, 2020
Continuous Intelligence: Expert Discussion [Video and Podcast]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 14, 2020
Artificial Intelligence: Governance and Ethics [Video]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 13, 2020
IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI
FEATURE | By Rob Enderle,
September 11, 2020
Artificial Intelligence: Perception vs. Reality
FEATURE | By James Maguire,
September 09, 2020
Anticipating The Coming Wave Of AI Enhanced PCs
FEATURE | By Rob Enderle,
September 05, 2020
The Critical Nature Of IBM’s NLP (Natural Language Processing) Effort
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
August 14, 2020
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Advertise with Us
Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this
site are from companies from which TechnologyAdvice receives
compensation. This compensation may impact how and where products
appear on this site including, for example, the order in which
they appear. TechnologyAdvice does not include all companies
or all types of products available in the marketplace.