The massive Internet shutdown that occurred Jan.25 caused by the Sapphire/SQL Slammer computer virus caused chaos for online shoppers, bankers and gamers. The virus affected the entire Internet community, jamming up service providers, Internet hubs that connect Korean and overseas networks and crashing Web sites. It’s little wonder that Koreans feared for their safety in the virtual world, considering that Korea has over 10 million high-speed Internet users. Yet perhaps the greatest frustration was the fact that the major shutdown could have been prevented through better security measures and greater public awareness of information security. The Ministry of Information and Communication (MIC) has recognized the need for taking action to thwart future attacks. MIC will take an active role in promoting security countermeasures and actions aimed at supporting the growth of the information security industry. Through these measures, MIC aims to create fast and accurate communication routes where fixing and preventing network attacks will take only a matter of minutes. The world is becoming increasingly aware of the need to protect information on the Internet, especially after September 11 and the rise of cyber-terrorism. Two years ago, the international information security market reached $16.8 billion and is expected to reach $77.6 billion by 2007. Full Story
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