YouBit, a South Korea-based cryptocurrency exchange, has filed for bankruptcy and will shut down later today after getting hacked for the second time this year.
Russian officials said they are considering a ban on Facebook for the start of 2018 unless the social network is willing to comply with the country's new privacy and user protection rules.
Representatives for LG South Korea said on Wednesday that a mysterious ransomware strain has infected self-servicing kiosks at various service centers across the country.
Bithumb, the world's fourth largest cryptocurrency exchange by volume, confirmed a security incident during which an unknown hacker was able to make off with an yet undetermined amount of funds.
The $1 million ransom payment paid last week by South Korean web hosting company Nayana has sparked new extortion attempts on South Korean companies.
Nayana, a web hosting provider based in South Korea, announced it is in the process of paying a three-tier ransom demand of nearly $1 million worth of Bitcoin, following a ransomware infection that encrypted data on customer' servers.