Ransomware Disrupts Seoul Wholesale Market Auction and Settlement Systems

Summary

Ransomware hit a server at Garak Wholesale Market Corporation’s Gangseo Market, disrupting auctions and settlements. Essential services were restored, but transaction inquiries remained unstable through June 22 and experts called for investigation of farmer data risks.

Key points

• A server at Garak Wholesale Market Corporation’s Gangseo Market in Seoul was hit by ransomware.
• The attack temporarily disabled the auction system and settlement operations.
• Authorities used backup data to build a new server and blocked the network to prevent further spread.
• Essential services were restored, but the transaction information inquiry service remained unstable until June 22.
• Experts warned that farmer transaction information could remain at risk and urged a thorough investigation.

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