South Korean Banks Brace For Electro-Magnetic Pulse

South Korean banks are drawing up plans to protect critical electronic data from a potential electromagnetic pulse attack by North Korea.

The South's banks and other infrastructure, including nuclear power stations and government ministries, have been the target of successful North Korean hacking attacks in the past and there are growing concerns that the nation's financial institutions could be crippled by an EMP weapon, either in the form of a nuclear blast or a conventional electromagnetic pulse device.

Banks are looking into establishing data centres overseas, The Korea Herald reported, or the construction of reinforced repositories designed to withstand the blast of an EMP weapon. Electronic equipment exposed to an electromagnetic pulse can experience damaging current and voltage surges, while data stored electronically can be corrupted.

"Current regulations prohibit the transfer of client information overseas, so we are discussing ways to revise those rules so we can set up data back-up centres abroad", a financial official told the newspaper.

The banks are acting after the government warned on 28th September that North Korea is "highly likely" to carry out additional military provocations in the coming weeks.

After a series of nuclear tests and missiles launches, Pyongyang has been subjected to increasingly stringent sanctions imposed by the international community.

The regime of Kim Jong-un continues to defy the rest of the world, however, and insists that it will continue to develop and deploy weapons capable of reaching targets anywhere in the continental United States.

Telegraph

You Might Also Read: 

N.Korea Will Target UK Financial Services:

Nuclear Missiles Are Not N.Korea’s Only Threat:

 

« Chinese & S. Korean Regulators Says ICO Investors At Risk
Big Data And Policing »

ManageEngine
CyberSecurity Jobsite
Check Point

Directory of Suppliers

ManageEngine

ManageEngine

As the IT management division of Zoho Corporation, ManageEngine prioritizes flexible solutions that work for all businesses, regardless of size or budget.

North Infosec Testing (North IT)

North Infosec Testing (North IT)

North IT (North Infosec Testing) are an award-winning provider of web, software, and application penetration testing.

TÜV SÜD Academy UK

TÜV SÜD Academy UK

TÜV SÜD offers expert-led cybersecurity training to help organisations safeguard their operations and data.

DigitalStakeout

DigitalStakeout

DigitalStakeout enables cyber security professionals to reduce cyber risk to their organization with proactive security solutions, providing immediate improvement in security posture and ROI.

IT Governance

IT Governance

IT Governance is a leading global provider of information security solutions. Download our free guide and find out how ISO 27001 can help protect your organisation's information.

LogRhythm

LogRhythm

LogRhythm's security platform unifies SIEM, log management, network and endpoint monitoring, user behaviour analytics, security automation and advanced security analytics.

Atlantic Council

Atlantic Council

The Atlantic Council's Cyber Statecraft Initiative focuses on international cooperation, competition, and conflict in cyberspace.

ISGroup (Information Security Group)

ISGroup (Information Security Group)

ISGroup services include network penetration testing, Web application penetration testing, ethical hacking, vulnerability assessments, code review and associated training.

Johnson Controls International

Johnson Controls International

Johnson Controls is a global diversified technology company with a focus on smart cities, energy, infrastructure and transportation including the security of automation and control systems.

SevenShift

SevenShift

SevenShift is a security consulting firm with a wealth of experience in the worlds of Cybersecurity and Internet of Things (IoT).

Tines

Tines

The Tines security automation platform helps security teams automate manual tasks, making them more effective and efficient.

Cyber Ireland

Cyber Ireland

Cyber Ireland brings together Industry, Academia and Government to represent the needs of the Cyber Security Ecosystem in Ireland.

Secret Intelligence Service (SIS - MI6) - UK

Secret Intelligence Service (SIS - MI6) - UK

The UK’s Secret Intelligence Service, also known as MI6, has three core aims: stopping terrorism, disrupting the activity of hostile states, and giving the UK a cyber advantage.

Apex Systems

Apex Systems

Apex Systems is a world-class technology services business that incorporates industry insights and experience to deliver solutions that fulfill our clients’ digital visions.

Obsidian Security

Obsidian Security

Protect your business-critical applications by mitigating threats and reducing risk with Obsidian, the first truly comprehensive security solution for SaaS.

ID R&D

ID R&D

ID R&D is an award-winning provider of AI-based facial liveness, document liveness, and voice biometrics.

SEK Security Ecosystem Knowledge

SEK Security Ecosystem Knowledge

SEK helps companies in the complex path of cybersecurity; in the analysis, detection and prevention of digital threats.

Moonsense

Moonsense

Moonsense is on a mission to level the playing field in the fight against online fraud.

Breathe Technology

Breathe Technology

Breathe Technology has been providing Managed IT Support/ Service Desk, Cloud Services, Cyber Security & Communications to businesses and schools since 2003.

Quantum Squint

Quantum Squint

Quantum Squint is a cutting-edge cybersecurity company specializing in the use of advanced regression management techniques to detect, analyze, and prevent vulnerabilities in digital systems.

Xeliumtech Solutions

Xeliumtech Solutions

Xeliumtech Solutions are a Digital Transformation partner with quality offerings in Mobile App Development, Ecommerce, Devops, RPA, AI, IoT development, Cybersecurity and more.