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CYBERATTACK South Korea Hacker Traced to China Bank in Seoul subway station on Wednesday. (Ahn Young-joon/AP)

South Korea Hacker Traced to China

Looks like it may not have been North Korea’s fault after all. A part of the malicious code that caused computer-network outages at banks and major broadcasters in South Korea has been traced to a Chinese IP address, the Korea Communications Commission said Thursday. The outage occurred around 2:20 p.m. Wednesday, with skulls reportedly appearing on some computer screens, sending South Korean stocks into a nosedive. The KCC has continued to investigate the cyberattack and has not ruled out the possibility of North Korean involvement.

March 20, 2013 10:17 PM