President Lee Jae Myung Calls for National Cybersecurity Coordinator Amid Rising Cyberattacks
President Lee Jae Myung has called for the establishment of a powerful national cybersecurity coordinator, or 'cybersecurity czar,' to enhance South Korea's defense against increasingly sophisticated cyberattacks. During a recent Cabinet meeting, President Lee highlighted the limitations of existing security systems, which he noted are primarily focused on post-attack inspections and responses. He emphasized the need for a more proactive approach centered on early detection and prevention, coordinating security functions across both public and private sectors. The President's directive follows a series of significant cyber incidents, including the theft of $6.3 billion from cryptocurrency exchange Binance, attributed by the FBI to North Korean hackers, and breaches at major domestic companies like SK Telecom and Coupang, as well as various financial institutions. While South Korea currently has a National Cyber Crisis Management Group, cybersecurity responsibilities remain fragmented among intelligence, mi...
