Abstract
This paper provides an assessment of current cyber security threats in South Korea and its national cyber security governance measures. Particularly, through a detailed examination of relevant literature, we critically evaluate the extent to which its national governance is structured to protect its SMEs. We discover and discuss the key cyber security threats in South Korea, including cyberterrorism, cyber financial and trade fraud. We critically assess existing mitigation measures to reduce these threats, including key government agendas, reporting mechanisms, and other initiatives. We reveal that the governance is still operating under a post-crime orientation of punishment rather than the pre-crime logic of prevention. It features an absence of i) a national cyber security framework; ii) an issue-based approach for governance initiatives; and iii) localised reporting mechanisms. As a result, it needs to increase attention to the cyber security risks faced by SMEs and to embrace a proactive response system.
Translated title of the contribution | South Korean cyber security threats, governance measures, and implications for SMEs |
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Original language | Multiple languages |
Pages (from-to) | 81-109 |
Number of pages | 28 |
Journal | Korean Journal of Industrial Security |
Volume | 10 |
Issue number | 1 |
DOIs | |
Publication status | Published - 11 May 2020 |
Keywords
- Cyber Security
- South Korea
- Small and Medium-sized Enterprises (SMEs)
- threats
- governance measures