FASHION | Staff Reporter, Korea

South Korea's E-Land Group halts half of stores from ransomware attack

The group has shut part of its corporate network system to minimize damage.

South Korean fashion and retail conglomerate E-Land Group suspended its operations at nearly half of its stores in the country due to a ransomware attack in the morning of 22 November, Yonhap reported.

The group said its corporate network system was attacked by ransomware. The malware attack has forced 23 of its 50 branches of NC Department Store and NewCore Outlet to halt operations.

The group said it has shut part of its corporate network system to minimize the damage, and has asked the police to investigate the cyberattack.

Ransomware is a software that intentionally blocks users from accessing their digital files unless a payment is made for a decryption key.

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