Korea’s Premier Startup Incubator and IT Hub

Category Archives: Portals

Nate, Cyworld Security Breach Puts Private Info of 35 Million at Risk

The Korean Communications Commission (KCC) announced today that hackers had broken into Nate and Cyworld, potentially exposing the personal details of some 35 million members of the two sites. Bloter reports that using an IP in China, hackers illegally accessed the names, IDs, emails, phone numbers, social security numbers and passwords of some 35 million accounts held… Continue Reading

Search Ads and Games drive NHN’s lucrative first quarter

NHN, operator of the country’s most-visited website Naver, recorded a solid performance for the first quarter thanks to growth in its keyword advertisements and online games. The firm announced that it had 517.3 billion won (about $457 million) in sales and 168.5 billion won in operating profit for the first quarter, representing annual growth of… Continue Reading