• Title/Summary/Keyword: Vulnerable Companies

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Cyber Defense Analysis and Improvement of Military ecosystem with Information Security Industry (국방 사이버 방호체계 구축 생태계 취약점 분석 및 개선방안)

  • Baek, Jaejong;Moon, Byoung-Moo
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.24 no.6
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    • pp.1263-1269
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    • 2014
  • Since the cyber defense has been dependent on commercial products and protection systems, in aspect of the recent trends, our cyber defence ecosystem can be more vulnerable. In case of general defense weapon companies, they have to be observed by the government such as certain proprietary technologies and products for the protection from the enemy. On the contrary, most cyber weapon companies have not been managed like that. For this reason, cyber attack can reach to the inside of our military through the security hole of commercial products. In this paper, we enhanced a military cyber protection ecosystems out of enemy attacks and analyze the hypothetical scenarios to evaluate and verify the vulnerability, and finally more securable ecosystem of military protection system is presented politically and technically.

A Study on Threat Containment through VDI for Security Management of Partner Companies Operating at Industrial Control System Facility

  • Lee, Sangdo;Huh, Jun-Ho
    • Proceedings of the Korea Information Processing Society Conference
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    • 2019.10a
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    • pp.491-494
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    • 2019
  • The results from the analysis of recent security breach cases of industrial control systems revealed that most of them were caused by the employees of a partner company who had been managing the control system. For this reason, the majority of the current company security management systems have been developed focusing on their performances. Despite such effort, many hacking attempts against a major company, public institution or financial institution are still attempted by the partner company or outsourced employees. Thus, the institutions or organizations that manage Industrial Control Systems (ICSs) associated with major national infrastructures involving traffic, water resources, energy, etc. are putting emphasis on their security management as the role of those partners is increasingly becoming important as outsourcing security task has become a common practice. However, in reality, it is also a fact that this is the point where security is most vulnerable and various security management plans have been continuously studied and proposed. A system that enhances the security level of a partner company with a Virtual Desktop Infrastructure (VDI) has been developed in this study through research on the past performances of partner companies stationed at various types of industrial control infrastructures and its performance outcomes were statistically compiled to propose an appropriate model for the current ICSs by comparing vulnerabilities, measures taken and their results before and after adopting the VDI.

The Impact of COVID-19 Pandemic on Firm Performance: Empirical Evidence from Vietnam

  • BUI, Trung Huy;NGUYEN, Huong Thu;PHAM, Yen Nhu;NGUYEN, Trang Thu Thi;LE, Linh Thao;LE, Giang Thu Tran
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.101-108
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    • 2022
  • The outbreak of Coronavirus disease 2019 (COVID-19) has caused serious impacts not only on human health but also on the economies around the world. Enterprises play an important role in the development of every country but it is also one of the most affected sectors during the pandemic. Drawing on panel data of 131 enterprises listed on the Vietnamese stock exchange from 2016Q1 to 2021Q3, this study aims to investigate the impact of the COVID-19 pandemic on firm performance. Enterprises are classified into seven industries including Agriculture, Material, Industry, Real estate and Construction, Energy, Consumer, and Service. The paper also analyzes the variation of the effects among companies, focusing on differences in revenue and capital structure. The results show that the COVID-19 pandemic negatively affects business performance. In addition, the empirical findings indicate that revenue and debt decreasing can cause deterioration of firm performance during the pandemic period. The decrease in revenue has a direct impact on firm profitability. The reduction of debt levels affects the corporate leverage leading to adverse effects on firm performance. The negative effect is more pronounced for companies in some specific sectors including industry, real estate, construction, consumption, and services.

Risk assessment in international EV battery closed loop supply chain: developing a conceptual framework

  • Nataliia Grekova;Dong-WookKwak
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2022.06a
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    • pp.201-203
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    • 2022
  • Increasing global market of used electric vehicle (EV) battery encourages international firms to establish its subsidiary companies or business units specializing in battery recycling. Such kind of companies predominantly use closed loop supply chain (CLSC) for their operations of battery manufacturing and used battery recycling/reusing in global scale. However, EV battery recycling, as a relatively new industry, makes its global CLSC be exposed to various types of risks, which leads to inefficiency of supply processes and makes supply chains more complicated and vulnerable. Identifying, evaluating, and analyzing possible risks in CLSC has a great importance for optimization and increasing effectiveness for the global supply chain of used EV battery. Itwill assist to elaborate the efficient CLSC management and possible risk mitigation strategies to keep the global EV battery supply chain resilient and sustainable. This study aims to develop a conceptual framework for risk assessment in this new sector. Therefore, it will populate the framework with possible failure modes identified from various literature on EV battery recycling and closed loop supply chains so that future research can validate and utilize the conceptual framework.

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Dynamic Relationship between Domestic Construction Market Condition and Overseas Construction Business (국내 건설경기 변화와 해외건설수주 간의 관계성 분석)

  • Jang, Sewoong
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.5
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    • pp.22-30
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    • 2014
  • This study undertakes a comparative analysis of the correlation between the condition of the domestic construction market and the expansion of overseas projects within construction companies, based on the vector error correction model. The analysis results verified that, in the post-IMF crisis period, domestic construction companies took on more overseas projects only when the residential construction market slowed down. Compared to the pre-crisis period, construction companies grew more responsive to the condition of the domestic market for residential construction, and they took on more overseas construction projects when the domestic market slumped. This is because the business portfolios of Korean construction companies' render them highly vulnerable to the condition of the residential construction market. When the domestic residential market slows down, the business condition of construction companies quickly takes a turn for the worse, and to cope with this, they turn to overseas projects to compensate for the slowing of the domestic market. As the analysis shows, expanding overseas construction projects as a way to turn around business condition amid a slow residential construction market actually undermines the management of the companies even further. In other words, shifting business focus toward an overseas market during a hard time might be useful for securing cash flow, but might not help to restore profitability. Thus, construction companies need to carefully manage their level of business diversification to ensure strategic flexibility.

Historical Essay on the Growth of Modern Big Business Corporations and the Formation of Business Groups in Korea - With the Focus on the Government Intervention (한국의 근대적 대기업 및 기업집단 형성사 - 정부 개입(1960년대와 70년대)을 중심으로)

  • Baek, Gwang-Gi
    • Korean Business Review
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    • v.17
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    • pp.27-52
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    • 2004
  • The miraculous growth of Korean economy and its business corporations during 1960' s and 1970's are mainly due to the government leadership and its market intervention. We can find the reasons why the government initiated economic growth plan was so successful in Korea in its efficient bureaucratic government system and fair discipline to the corporations based on its contribution to the economy. During 1960's, the primary factors for the growth of business entities and the formation of business groups were the financial special favor, the preferential treatment in the new industry entrance and the merge & acquisition, lavish export incentives from the government, and the export explosion to Vietnam. During 1970's, the substantial deduction of corporations' private debt, enormous support in heavy industry investment, special benefits to general trading companies by the government, and the construction export to the Middle-East were the main causes of the business growth and the business groups formation. Also, the economic rent for the big companies had still been effective since 1960's. However, the preferential benefit to the big companies made them to diversify into the unrelated business ares and to be in very vulnerable financial position. The governmental support brought about the monopoly as well.

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Design and Implementation of Secure 3-Tier Web Application with Open Source Software

  • Kim, Chang Su;Low, Hooi Yin;Lee, Yong Ju
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.1
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    • pp.33-54
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    • 2010
  • Providing a secure 3-tier Web application has become a high priority for companies as e-businesses have increased the amount and the sensitivity of corporate information that can be accessed through the web. Web applications become more difficult to secure with this very increase in online traffic and transactions. This paper first reviews the 3-tier of web application, types of attacks that can threaten web application services and security principles. We then are designing and implementing a secure web application with open source software that able to mitigate the web application vulnerable to attack.

Characteristics and Causes of Industrial Accidents in Korean Industry (우리 나라 산업재해의 발생 원인 및 특성에 관한 연구)

  • Jeong, Byung-Yong
    • IE interfaces
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    • v.10 no.2
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    • pp.99-107
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    • 1997
  • The purpose of accident analysis is to obtain accurate and objective information about the causes of accidents in order to prevent accidents from reoccurring. This study investigated the characteristics and causes of occupational accidents in Korean industry by comparison with those of Japan and U.S.A The results show that there are some characteristics in the accidents of Korean industry; (1)larger companies tend to have lower accident rates than the smaller ones; (2) inexperience is related to high accident rates; (3) 'awkward or sudden movement' and 'caught in and between object' represents the leading accident type; (4) the body sites most vulnerable to injury are the hands and fingers; and (5) 'fractures' is the leading injury type. These findings identified in this study can be used to prevent the industrial accidents.

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The Risk Management of Information System Using CRAMM - Case of a Korean Credit Card Company - (CRAMM을 이용한 정보시스템 위험관리 - 신용카드회사 사례연구 -)

  • Kim, Bob-Jin;Han, In-Goo;Lee, Sang-Jae
    • Asia pacific journal of information systems
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    • v.10 no.2
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    • pp.149-176
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    • 2000
  • As companies become more dependent upon information systems(IS), the potential losses of IS resources become critical. IS management must assume the increasing responsibility for protection of IS resources as the IS and business environments become more vulnerable to various threats. The major issues facing management, when attempting to manage risks, include the assessment of the impact of risks on business objectives and the design of security safeguards to reduce the unacceptable risks to an acceptable level. This paper provides a case study of the risk management for IS. A Korean credit card company which has the high sensitivity for customers security was selected as a case. The risk management procedure using a powerful tool, CRAMM(the Central Computer and Telecommunications Agencys Risk Analysis and Management Method) was applied for this company.

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A Proposed Framework for the Automated Authorization Testing of Mobile Applications

  • Alghamdi, Ahmed Mohammed;Almarhabi, Khalid
    • International Journal of Computer Science & Network Security
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    • v.21 no.5
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    • pp.217-221
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    • 2021
  • Recent studies have indicated that mobile markets harbor applications (apps) that are either malicious or vulnerable, compromising millions of devices. Some studies indicate that 96% of companies' employees have used at least one malicious app. Some app stores do not employ security quality attributes regarding authorization, which is the function of specifying access rights to access control resources. However, well-defined access control policies can prevent mobile apps from being malicious. The problem is that those who oversee app market sites lack the mechanisms necessary to assess mobile app security. Because thousands of apps are constantly being added to or updated on mobile app market sites, these security testing mechanisms must be automated. This paper, therefore, introduces a new mechanism for testing mobile app security, using white-box testing in a way that is compatible with Bring Your Own Device (BYOD) working environments. This framework will benefit end-users, organizations that oversee app markets, and employers who implement the BYOD trend.