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Corporations Lag in Cybersecurity Investment Despite AI Push

Corporations Lag in Cybersecurity Investment Despite AI Push

SEOUL, July 10 (Korea Bizwire) — South Korea’s largest corporations continue to invest heavily in emerging technologies such as artificial intelligence and big data, but their spending on cybersecurity remains strikingly low — averaging just 0.1% of total revenue, according to new industry data. A study released Wednesday by corporate research firm CEO Score analyzed [...]

Telegram Cooperating with Korean Police in Criminal Investigations, Marking Major Shift

Telegram Cooperating with Korean Police in Criminal Investigations, Marking Major Shift

SEOUL, June 30 (Korea Bizwire) — Telegram, once known as a haven for anonymity and untraceable messaging, is now actively cooperating with South Korean law enforcement, signaling a significant turnaround in the platform’s stance on privacy and criminal investigations. According to the National Police Agency, Telegram has responded to over 95% of investigative data requests [...]

LG Uplus Launches AI Tools to Combat Deepfake Voice Phishing Crimes

LG Uplus Launches AI Tools to Combat Deepfake Voice Phishing Crimes

SEOUL, June 26 (Korea Bizwire) — As voice phishing scams using AI-generated fake voices and images continue to rise in South Korea, LG Uplus is stepping in with cutting-edge countermeasures. The telecom company announced Thursday the commercial rollout of its new ‘Anti-DeepVoice’ and ‘Anti-Deepfake’ technologies aimed at detecting fraudulent audio and video content. Unveiled earlier [...]

Hacking Outage at Yes24 Sparks Public Backlash, Raises Questions Over E-Book Ownership and Platform Dependence

Hacking Outage at Yes24 Sparks Public Backlash, Raises Questions Over E-Book Ownership and Platform Dependence

SEOUL, June 13 (Korea Bizwire) — A major hacking incident that has paralyzed South Korea’s largest online bookstore, Yes24, for more than four days has reignited public debate over the vulnerability and ownership of digital content—particularly e-books. The service disruption, caused by a ransomware attack disclosed on June 9, has left more than 20 million [...]

Samsung Strengthens Smartphone Security Amid Rising Public Concerns Over Hacking

Samsung Strengthens Smartphone Security Amid Rising Public Concerns Over Hacking

SEOUL, June 9 (Korea Bizwire) — As cybersecurity concerns mount across South Korea, Samsung Electronics is stepping up its smartphone security, unveiling a series of anti-theft upgrades through its latest AI-integrated platform, One UI 7. According to industry sources on June 8, the tech giant has introduced advanced identity verification and theft-prevention features in its newest [...]

City of Seoul Unveils First Ordinance to Fortify Cyber Defenses

City of Seoul Unveils First Ordinance to Fortify Cyber Defenses

SEOUL, June 6 (Korea Bizwire) — In a bid to strengthen its defenses against rising cyber threats, the Seoul Metropolitan Government has announced its first-ever ordinance dedicated to cybersecurity, marking a significant step beyond previous administrative regulations. On Thursday, the city officially unveiled a draft of the Seoul Cybersecurity Ordinance, elevating its current cybersecurity protocols [...]

SK Group Launches Data Protection Committee to Bolster Group-Wide Cybersecurity

SK Group Launches Data Protection Committee to Bolster Group-Wide Cybersecurity

SEOUL, May 14 (Korea Bizwire) — SK Group said Wednesday it has launched a special committee on data protection as part of its efforts to improve cybersecurity across its affiliates, following a large-scale data breach at SK Telecom Co. The Information Security Innovation Committee was formed under the SUPEX Council, SK Group’s top decision-making advisory [...]

Korean Job Portals Albamon and Incruit Strengthen Data Security After Hacking Incidents

Korean Job Portals Albamon and Incruit Strengthen Data Security After Hacking Incidents

SEOUL, May 12 (Korea Bizwire) — South Korean job platforms Albamon and Incruit are ramping up efforts to prevent further data breaches following recent hacking incidents that exposed the personal information of tens of thousands of users. Albamon, a major part-time job listing site, announced that it will begin notifying affected members as early as next [...]

Google’s Map Data Request Sparks Security Alarm in South Korea

Google’s Map Data Request Sparks Security Alarm in South Korea

SEOUL, May 9 (Korea Bizwire) — South Korean security and technology experts are raising alarms over Google’s renewed request to export high-resolution digital maps of the country, warning that approval could pose grave national security and economic risks in an era of increasingly drone-based warfare and geopolitical uncertainty. During a policy forum held at the [...]

South Korea to Launch QR Payment and ATM Cash Withdrawal Services for Travelers in Asia

South Korea to Launch QR Payment and ATM Cash Withdrawal Services for Travelers in Asia

MILAN, May 8 (Korea Bizwire) — South Korea is preparing to roll out a new cross-border payment system that will allow travelers to make purchases abroad by simply scanning a QR code with a mobile app — no credit or debit card required. A companion feature will also enable cash withdrawals from overseas ATMs, aimed [...]