Yes24's Ransomware Attack and Subsequent Security Measures
Website Yes24 Experiences Downtime Following Cyberattack, Resumes Operations by Afternoon
South Korea's largest online bookseller and entertainment platform, Yes24, faced a significant challenge on Monday morning when it was hit by a ransomware attack. The incident, which occurred around 4:40 a.m., caused the temporary disruption of the company's services, leaving millions of users unable to access the platform until approximately 11 a.m.
In response to the attack, Yes24's co-CEOs, Kim Seok-hwan and Choi Se-ra, issued an apology and pledged to overhaul the company's security measures. They also confirmed the incident to the public and promised increased funding and the involvement of outside experts to strengthen Yes24's cybersecurity defenses.
The ransomware attack disabled user access to Yes24's services, with the website and app displaying notices citing heavy traffic or technical errors as causes of the temporary disruptions. Users reported being unable to access Yes24's services from early morning until approximately 11 a.m., causing prolonged and widespread disruptions.
As of yet, Yes24 has not disclosed any details about the motive or perpetrator of the attack. The company has 20 million registered users and offers a diverse inventory including books, music, stationery, and tickets for concerts and theater performances.
The June attack on Yes24 follows a string of cyberattacks on various companies in recent years. However, it appears that Yes24 has taken steps to strengthen its cybersecurity posture following the event. The company has implemented enhanced authentication methods, system upgrades, improved data encryption protocols, and established a more robust incident response team and protocols.
Yes24 has also increased efforts to educate users about phishing and other cyber threats, encouraging practices like strong passwords and vigilance. Regular security audits by third-party experts have been implemented to ensure ongoing compliance with best practices and to identify potential weaknesses.
If you are seeking real-time updates or detailed technical reports, please note that such specific internal information may not be publicly available. For ongoing security, always follow Yes24's official announcements and recommended security practices. If you are interested in analyzing a specific report or providing advice on how companies like Yes24 can further harden their cybersecurity defenses, feel free to ask!
Following the ransomware attack on Yes24, the company's co-CEOs have pledged to bolster its cybersecurity defenses using increased funding and outside expertise. Yes24 has taken steps such as implementing enhanced authentication methods, executing system upgrades, improving data encryption protocols, and establishing a more robust incident response team.
