Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 Breach Incident Score: Analysis & Impact (KCC1765306489)

In this Rankiteo incident briefing, we review the Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 breach identified under incident ID KCC1765306489.

The analysis begins with a detailed overview of Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회's information like the linkedin page: https://www.linkedin.com/company/kccd, the number of followers: 0, the industry type: Business Consulting and Services and the number of employees: 1 employees

After the initial compromise, the video explains how Rankiteo's incident engine converts technical details into a normalized incident score. The incident score before the incident was 781 and after the incident was 767 with a difference of -14 which is could be a good indicator of the severity and impact of the incident.

In the next step of the video, we will analyze in more details the incident and the impact it had on Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 and their customers.

A newly reported cybersecurity incident, "an incident", has drawn attention.

Watchdog pushes for higher cybersecurity budgets following recent incidents in South Korea.

Impact assessments are still underway, so the full scope is not yet clear.

Formal response steps have not been shared publicly yet.

The case underscores how teams are taking away lessons such as Current cybersecurity spending levels in South Korea lag international benchmarks and do not match the scale of risk to business continuity, and recommending next steps like Increase security-related investment to align with international standards and mitigate risks of catastrophic breaches, with advisories going out to stakeholders covering FSS Governor Lee Chan-jin advises corporates to recognize the risk of bankruptcy due to cyber breaches and increase cybersecurity budgets.

Finally, we try to match the incident with the MITRE ATT&CK framework to see if there is any correlation between the incident and the MITRE ATT&CK framework.

The MITRE ATT&CK framework is a knowledge base of techniques and sub-techniques that are used to describe the tactics and procedures of cyber adversaries. It is a powerful tool for understanding the threat landscape and for developing effective defense strategies.

Rankiteo's analysis has identified several MITRE ATT&CK tactics and techniques associated with this incident, each with varying levels of confidence based on available evidence. Under the Initial Access tactic, the analysis identified Valid Accounts (T1078) with moderate to high confidence (70%), supported by evidence indicating recent cyberattacks underscore growing sophistication targeting critical financial systems and Exploit Public-Facing Application (T1190) with moderate confidence (60%), supported by evidence indicating coupang breach exposes data of nearly 34 million customers. Under the Exfiltration tactic, the analysis identified Automated Exfiltration (T1020) with moderate to high confidence (80%), supported by evidence indicating coupang breach exposes data of nearly 34 million customers and Exfiltration Over Alternative Protocol (T1048) with moderate to high confidence (70%), supported by evidence indicating major cyber incident could threaten business continuity or bankruptcy. Under the Impact tactic, the analysis identified Data Destruction (T1485) with moderate confidence (60%), supported by evidence indicating potential bankruptcy risk due to breaches and Data Encrypted for Impact (T1486) with moderate confidence (50%), supported by evidence indicating growing sophistication of threats targeting critical financial systems. These correlations help security teams understand the attack chain and develop appropriate defensive measures based on the observed tactics and techniques.