South Korean Conglomerate Hit By Ransomware, Exposing ~10M Accounts
Kyowon Group, a major South Korean conglomerate spanning education, media, healthcare, and technology, has confirmed a ransomware attack that disrupted operations across multiple subsidiaries and may have exposed customer data. The incident was detected on January 10, when abnormal activity triggered an emergency response and server isolation. Investigations indicate attackers exploited an externally exposed server and open port, enabling initial access and lateral movement across internal systems, with ransomware spreading through core subsidiaries. Authorities estimate that up to 9.6 million accounts and roughly 600 of 800 servers may be affected, while several affiliate websites remain offline during recovery.
Kyowon reported the incident to the Korea Internet & Security Agency (KISA). While confirmation of personal data exposure is still pending, the scale of disruption presents significant reputational and regulatory risk, especially given Kyowon’s nationwide customer base. The breach follows a series of high-profile cyber incidents in South Korea, highlighting persistent weaknesses around perimeter exposure, segmentation, and cross-subsidiary security visibility in large enterprises.
The attack reinforces the need for unified security operations that close gaps between perimeter defenses and internal monitoring. Large organizations must consolidate vulnerability scanning, external attack surface management, firewall and port monitoring, intrusion detection, endpoint protection, identity analytics, ransomware detection, and threat intelligence into a single platform like NIKSUN. By unifying SIEM, NDR, EDR/XDR, SOAR, and network forensics, security teams can detect exposed services earlier, prevent lateral movement, and contain ransomware before it propagates across complex, multi-subsidiary environments. Read more about this story on our LinkedIn page
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