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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Feb. 28 (Korea Bizwire) — Lotte Shopping Co., an affiliate of South Korean retail giant Lotte Group, said Friday it has adopted the Taiwan LINE Pay settlement system at its discount store chain to woo Taiwanese travelers. Lotte Shopping formed a partnership with LINE Pay Taiwan Ltd. to introduce the LINE Pay system at [...]
SEOUL, Feb. 28 (Korea Bizwire) — The South Korean Ministry of Science and ICT announced on February 27 that it will select contractors next month for a pilot project to implement post-quantum cryptography (PQC), laying the groundwork for transitioning the nation’s cryptographic systems to prepare for the quantum computing era. Post-quantum cryptography relies on complex mathematical [...]
SEOUL, Jan. 30 (Korea Bizwire) — Naver has introduced Passkey Login, a new authentication method that allows users to log into their accounts using facial recognition or fingerprints instead of passwords. The move is part of the company’s ongoing efforts to enhance privacy and security. According to industry sources, Naver recently launched the passkey system to [...]