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Analysis South Korea faces cybersecurity crisis amid R&D budget cutsThe Yoon administration’s reduction in R&D funding raises concerns over national cyber defense capabilities South Korea’s vulnerability to sophisticated cyber threats is highlighted by the recent spate of attacks from North Korea’s hacker group, Andariel. Microsoft’s Digital Defence Report casts South Korea and Israel as primary targets in the cyber landscape, driven by motives of financial gain and data theft. This situation is further exacerbated by the Yoon Suk-yeol administration’s decision to slash funding for research and development (R&D), threatening the nation’s long-term cybersecurity resilience and potentially leading to severe economic repercussions. The administration’s proposed budget cuts have serious implications for 2024, with the country’s National Security Research Institute’s budget projected to shrink © Korea Risk Group. All rights reserved. |





