South Korea is still recovering from an apparent cyberattack earlier this week that shut down cash machines, froze debit card transactions, and caused computers to go dark at banks and several media outlets. South Korean officials suspect North Korea, but proving that may be difficult. Last week, North Korea had accused the South of getting into its computers.
“All you need is a computer and grudge really to cause tremendous harm to a country’s critical infrastructure,” says Michael Dubose, head of cyber-investigations at the corporate risk consulting firm Kroll.
North Korea may not be the most technologically sophisticated country, but that’s not required for a hack like this, Dubose says.
“On the underground Internet, you can purchase almost any type of software exploit that you can imagine. You can even purchase hackers for the right price,” says Dubose.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.