The Ministry of Science and ICT and the National Police Agency will jointly respond to virtual asset hacking

A text message that induces access to a fake site pretending to be a virtual asset exchange [Photo: Ministry of Science and ICT]
A text message that induces access to a fake site pretending to be a virtual asset exchange [Photo: Ministry of Science and ICT]

[Digital Today Reporter Baek Yeon-sik] The Ministry of Science and ICT and the National Police Agency announced on the 9th that they will strictly respond to crimes that infringe information and communications networks, such as hacking related to virtual assets, and strengthen the 24-hour monitoring system, such as detecting and blocking phishing sites.

In recent years, taking advantage of social issues such as the rise in the value of virtual assets, there are increasing cases of attempting to steal IDs and passwords by sending text messages that induce access to fake sites that pretend to be a masquerade asset exchange.

As a result of monitoring cyber infringement on phishing sites related to virtual assets, there were 32 cases in the last 3 months from 41 cases last year.

The Ministry of Science and ICT plans to strengthen the 24-hour monitoring system through the Internet Bed Response Center of the Korea Internet & Security Agency and cooperate with related organizations to block and take measures when cyber threats such as virtual asset-related phishing sites occur.

Since March 1, the National Police Agency has been conducting special crackdowns on crimes infringing the entire information and communication network by mobilizing experts from the cyber crime investigation team of the national provincial police agency and the cyber team of the police station. Based on this, it is cracking down on unauthorized theft of virtual assets by invading individual accounts, and creating and distributing malicious programs aimed at virtual assets.

Information and communication network infringement crimes related to virtual assets are currently being investigated in 21 cases, including the case of arbitrarily selling virtual assets by invading an individual’s exchange account.

If personal and financial information is leaked due to messenger fraud (messenger phishing), text payment fraud (smishing), fake site (electronic financial fraud site), etc., or a malicious program is installed on the mobile phone, it is due to account hacking related to virtual assets. There is a concern that it will lead, so prevention is the most important.

The Ministry of Science and ICT tells users ▲When you receive a text message or SNS such as Kakao Talk, delete the Internet address (URL) of which the origin is not verified without clicking ▲In the case of a suspicious site address, be sure to check whether it matches the normal site. ▲ Regularly change passwords for virtual box exchanges ▲ Strengthen the security settings of mobile phones so that apps with unknown sources are not accidentally installed.

If you suspect a malicious app infection, you can report it to ‘118 Cyber ​​Helper’, and you can get advice on how to remove malicious code (app) for free 24 hours a day.

Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.