South Korean Police Establishes Special Task Force to Combat Cyber Terrorism

03/06/2023 05:52 • Blockchain Buzz • 123 views

On March 6, the South Korean police listed tracking the dark network, virtual asset analysis and DDoS attacks as the “three key tasks of the investigation of cyber terrorism” that the police must urgently address. To this end, the South Korean Police Agency announced today that it had decided to establish a special task force to respond to cybercrime platforms, and that the three tasks would be led by three sub-sections. It would operate for the purpose of studying response technology and investigation technology to track cyberterrorism. （Money Today）

The South Korean police set up a special task force to deal with cybercrime to track dark networks, virtual assets and DDoS attacks

Interpret the above information:

The South Korean Police Agency recently announced the urgent need to address cyber terrorism and listed three key tasks that must be investigatively pursued. These tasks include tracking the dark network, virtual asset analysis, and combatting denial of service (DDoS) attacks. In response, the South Korean Police have decided to establish a special task force to address these tasks and lead the sub-sections effectively.

The move to establish a special task force is indicative of South Korea’s increased focus on responding to cybercrime effectively. With the growth of the digital economy and the widespread use of technology in industries, cybercrime has become a significant threat. According to a recent report, more than 95% of companies globally had experienced some form of phishing attack in 2020, highlighting the need for more focused investigative measures.

The three key tasks identified by the South Korean Police are particularly important as they are significant types of cybercrime attacks. The first task, tracking the dark network, refers to the underground network of anonymous platforms used by cybercriminals to plan and coordinate their activities. This network is particularly challenging to track due to its anonymous nature, and it is usually used for more severe offenses.

The second task, virtual asset analysis, pertains to the use of cryptocurrencies in criminal activities. Cryptocurrencies provide newfound anonymity and are particularly attractive to cybercriminals to launder money. Virtual asset analysis is, therefore, a valuable tool to monitor and prevent illicit transactions.

The third task, DDoS attacks, occurs when an individual or group deliberately overwhelms the targeted website or online service with traffic, rendering it inaccessible to its users. DDoS attacks are increasingly prevalent and can cause significant damage to companies’ reputations and their bottom line.

Overall, the South Korean Police’s decision to establish a special task force to combat cyber terrorism is a welcome move towards protecting citizens and businesses from the critical threat posed by cybercrime. The sub-sections’ operation will examine response technology and investigation technology to track cyberterrorism effectively, ensuring that the task force is equipped to address these issues effectively.

In conclusion, as the world becomes increasingly digital, cyberspace remains a vulnerable zone for cybercriminals to operate. It is, therefore, critical to have robust and effective measures to combat cybercrime. The South Korean Police’s move to establish a special task force is a commendable initiative that will go a long way in providing such measures.

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