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SGI Scrambles to Recover From Ransomware Attack

Summary by The Korea Times
Seoul Guarantee Insurance (SGI) plans to operate an around-the-clock response center and compensate all losses from a recent ransomware attack, the company said Wednesday. The measures are the latest...

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(Seoul = Yonhap News) Reporter Chae Sae-rom = As SGI Seoul Guarantee's system failure continues for the third day, the interruption of major guarantee operations is becoming prolonged.

·Korea, Republic of
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[Digital Daily Reporter Kim Bo-min] SGI Seoul Guarantee's system failure has been continuing for three days. While the detailed cause has not been disclosed except for the fact that there was a ransomware attack, SGI Seoul Guarantee is focusing on recovery efforts. According to the industry on the 16th, SGI Seoul Guarantee announced on its homepage that morning, "Due to an emergency system failure, our services are not smooth," and "We are work…

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herald-citizen.com broke the news in on Tuesday, July 15, 2025.
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