By introducing SecuLetter's security solution, Korea's BNK Busan Bank has strengthened its security against Advanced Persistent Threats (APTs) between network connections.
SecuLetter is a Korean information security company and a member company of the Born2Global Centre that develops and supplies security products capable of detecting, diagnosing, analyzing, and blocking malware attacks that existing signature-based solutions and behavior-based (sandbox-based) APT security solutions find difficult to detect. SecuLetter has been an active member of the Born2Global Centre since 2016.
SecuLetter's products are equipped with various diagnostic technologies that are used for static, dynamic, and detailed analyses based on its own proprietary technology and are characterized by their accurate and rapid diagnosis.
BNK Busan Bank has been reviewing solutions that detect and block APT attacks using non-PE (portable executable) files, such as Microsoft Office, PDF, and HWP files, which existing APT solutions cannot detect.
After thoroughly comparing various solutions and proof of concepts (PoCs), the bank finally selected SLF (SecuLetter FileServer) and could eliminate its security blind spots. With this solution, the bank was able to enhance its security at network bridging environment and satisfied with SLF's built-in content disarm and reconstruction (CDR) feature, high diagnostic rate, rapid diagnosis speed, and easy integration with various security products.. With this solution, the bank was able to enhance its air-gap security and was especially satisfied with SLF's built-in content disarm and reconstruction (CDR) feature, high diagnostic rate, rapid diagnosis speed, and easy integration with various security products.
Senior Manager Woo Sunghoon of BNK Busan Bank's Information Security Department said, "When looking at the recent trend of APT attacks, the percentage of malicious attacks conducted using non-PE files is far higher than those using executable files such as exe, dll, or sys files. Considering the current urgent need for security measures for non-PE files on the network, we have chosen SecuLetter's security product."
He added, "Having introduced and used SLF, we are impressed with its minimization of over-detection (false positive detection) when diagnosing malicious code and rapid diagnostic speed. Moreover, when we deployed it in our network bridging environment, there was no delay in our work."
In response to cyber-attacks, BNK Busan Bank established its own unique enterprise security management platform for the first time in Korea in 2016. The platform is used to collect the logs (containing data related to personal information protection, email cyber-attacks, and equipment security vulnerabilities) generated by all equipment and analyze and visualize all security threats for effective security management.
Lim Chasung, CEO of SecuLetter said, "Through a case study conducted by BNK Busan Bank, it was confirmed that our solution can be effectively applied to APT security and CDR in network bridging and air-gap environments. This year, many Korean financial customers are planning to introduce air-gap security and CDR solutions, and we expect many of them will adopt our solutions."
SecuLetter's products, SLE (SecuLetter Email) and SLF, are being actively used by major national institutions, financial institutions, and companies, including KEPCO E&C, Korea Post Information Center, KISA (Korea Internet & Security Agency), BNK Busan Bank, KAMCO (Korea Asset Management Corporation), KSD (Korea Securities Depository), and KTCU (Korean Teachers' Credit Union).
By Kim Hwaya
The special summit between Korea and the Association of Southeast Asian Nations (ASEAN) slated for Nov. 25-26 in Busan will feature talks on strengthening the free trade order and deepening bilateral cooperation.
Joo Hyung-chul, economic adviser to President Moon Jae-in, on Aug. 18 told a news conference at Cheong Wa Dae, "Given heightened trade tensions between major economies, Korea and ASEAN member nations will discuss ways to enhance the free trade order and expand commerce and open markets."
On if the summit will deal with Japan's export restrictions on Korea, he said, "Korea and ASEAN stress the importance of an open and free trade system," adding, "But with 100 days left until the summit, the government's position is that Japan should come to the dialogue table for an amicable resolution."
In addition, more than 20 side events will be held across the country. Before the summit starts, chartered trains taking Korean and ASEAN youths will run from Seoul to the Demilitarized Zone via Busan and Gwangju. During the summit period, the Business and Startup EXPO, the Exhibition on Smart City and an international forum on Hallyu innovation are scheduled.
Busan on Nov. 27 will also host the first Korea-Mekong summit.
Korea is hosting the ASEAN summit for the third time, following the first in 2009 and second in 2014. As the biggest international conference hosted by the country under the Moon administration, the event is expected to draw an attendance of about 10,000 including ASEAN heads of state and business delegations.
By Jung Joo-ri and Yoon Sojung
Drone Show Korea 2019 opened at the Busan Exhibition and Convention Center (BEXCO) on Jan. 24, with the annual event displaying the past, present and future of the drone industry.
Under the theme "Connected by Drone," this year's exhibition is the fourth of its kind and runs from Jan. 24-26. It features approximately 300 drones and related parts and materials produced by a combined 110 companies from Korea and overseas.
A drone powered by a hydrogen fuel cell grabbed visitor attention at the opening ceremony. Developed and produced by Doosan Mobility Innovation, the drone can fly up to two hours, far longer than the 20- to 30-minute limit of other drones using lithium batteries.
Another popular event was a demonstration of long-distance video transmission using 5G, namely SK Telecom of Korea’s "T live caster" service. When a user from the 5G control tower at BEXCO gave a signal to a drone placed at Haeundae Beach, the service enabled the user to shoot and watch a video from a long distance.
A combined 410 booths offer a variety of drones with cutting-edge technologies.
One drone that stood out was Shift Red, developed by This is Engineering and a hit at the 2019 Consumer Electronics Show (CES) in Las Vegas earlier this month. The light drone allows users easy remote control simply by putting one's thumb in the small ring.
Another popular drone was the Dronebot by the Republic of Korea Army. This device is capable of reconnaissance and surveillance functions and can even remove explosives as part of the military's drive to set up a dronebot structure.
Replicas of drones usable in natural disasters or for public safety purposes developed by the Korea Aerospace Research Institute (KARI) were also on display.
Visitors can also learn more about the latest drone technologies as an international conference, presentations of new products and technology, and drone events will be held on the sidelines.
For more information on the event, please click the event’s English-language homepage.
A visitor tries out life in a smart city through some VR gear at the Busan Eco-Delta City booth,
at the DMC Hi-Tech Industry Center in Seoul on July 16. (Yonhap News)
By Kim Eun-young and Kim Young Shin
John Doe, a resident of the "smart city" of Sejong City, commutes to work in an autonomous car. Thanks to new AI systems that analyze traffic and navigate through the fastest route possible, his trip is stress-free and relaxing. As he arrives at work, a drone delivers a few books and some tomatoes that were grown at a "smart farm" and which were bought with his Sejong Coin digital currency.
Jane Doe, living in the "smart city" of Busan, paid almost nothing for her electricity bill last month, despite the freezing weather, thanks to eco-friendly energy sources. Also, she no longer buys drinking water because she can drink purified, clean tap water straight from the city water supply system.
These are two of the Moon Jae-in administration’s blue prints for "smart cities," urban areas that enhance major government services in the city with state-of-the-art IT.
The Presidential Committee on the Fourth Industrial Revolution and the Ministry of Land, Infrastructure and Transport on July 16 announced plans for pilot projects that will build new "smart city" developments in the cities of Sejong City and Busan by 2021.
According to the plan, a 2.74-square-kilometer development in Sejong City’s block No. 5-1, a little smaller than the size of Yeouido island in Seoul, will become a car-sharing zone. Inside that zone, residents will commute using shared self-driving cars or on bicycles. They will also make payments using digital currencies that make use of blockchain technologies. Finally, the new development will also feature drones and robots that will deliver parcels and even offer first aid.
Busan’s new Eco-Delta City, a 2.19-square-kilometer development, will become an eco-friendly neighborhood that uses water from the Nakdonggang River and the Pyeonggangcheon Stream for energy and for drinking. The water will be used to generate hydrothermal energy, which will help residents save on their electricity bills, and the neighborhood will have water treatment facilities that are adapted to high-rise buildings and their water supply needs.
“We aim to boost the quality of life for the citizens by applying cutting-edge technology to the urban landscape,” said the Ministry of Land, Infrastructure and Transport. “We will successfully launch such 'smart cities' and share our experiences operating them with the global community.”
Detailed action plans for the pilot projects will be established by December after getting feedback from the public and private entities.