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Archive by category Security & Payments

AhnLab Launches Employee Idea Suggestion Scheme “iQ 2.0″

AhnLab Launches Employee Idea Suggestion Scheme “iQ 2.0″

SEOUL, Nov. 21 (Korea Bizwire) – AhnLab Inc., Korea’s major security software provider, has come up with a new, expanded scheme to encourage employees to make voluntary R&D suggestions called “iQ.” The focus of the latest revision is on raising the probability of commercial success of the suggested ideas. Up until now, the company has commercialized employee-suggested ideas from [...]

New Type of Smishing Messages Lures Smartphone Users to Click

New Type of Smishing Messages Lures Smartphone Users to Click

SEOUL, Nov. 14 (Korea Bizwire) — Recently, smishing messages are rapidly on the rise, which warrants mobile phone users’ caution. According to AhnLab, the security software provider specializing in antivirus software, on November 13, more and more text messages masquerading as some messages requiring immediate attention such as garbage problem or neighborhood noise are luring people to [...]

Hardware Security Module Comes into Spotlight as Security Token

Hardware Security Module Comes into Spotlight as Security Token

Five of Korean Authentication Agencies will distribute a Hardware Security Module (HSM) to the public for free within this month that does not require people to save security module in their hard drive or a USB(Image:Wikipedia/Flicker) SEOUL, Nov.13 (Korea Bizwire) – Five of Korean Authentication Agencies will distribute a Hardware Security Module (HSM) to the public [...]

SECON 2015 to be Held In March 2015 In Ilsan, Korea

SECON 2015 to be Held In March 2015 In Ilsan, Korea

SEOUL, South Korea, Nov. 12 (Korea Bizwire) — A large number of leading security companies in Asia will head to Korea in March 2015 to attend SECON 2015 (International Security Exhibition and Conference 2015: www.seconexpo.com), where global trends and technologies are presented. Participating companies are to exhibit existing and new security technologies from video security [...]

Samsung Ready to Hit the Ground Running in Fintech Industry

Samsung Ready to Hit the Ground Running in Fintech Industry

SEOUL, Oct. 25 (Korea Bizwire) – An increasing number of global companies try to jump on the “Fintech” bandwagon. Fintech, a compound word between finance and technology, encompasses services such as mobile payment, mobile money transfer, crowd funding and the like. Investment volume on fintech skyrocketed by three-folds only in five years. According to management [...]

Korea’s Malicious Mobile Phishing Cases See 210-Fold Increase in Three Years

Korea’s Malicious Mobile Phishing Cases See 210-Fold Increase in Three Years

SEOUL, Oct. 23 (Korea Bizwire) – The number of smishing or SMS phishing has skyrocketed over the past three years, a whopping 210-fold increase during the period.  In 2010, when a reported case of smishing first appeared, there was only one such case in the nation. In 2013, however, the number of the smartphone-based fraudulent [...]

LG UPlus Applies Graphical Authentication to Its Online Payment Solution

LG UPlus Applies Graphical Authentication to Its Online Payment Solution

SEOUL, Oct. 14 (Korea Bizwire) – As South Korea’s “Fin-tech” industry seems to be a next big-thing in the national financial and mobile industry, simple and easy mobile payment solutions are being introduced in a row. And LG UPlus, South Korea’s No.3 wireless carrier, also jumps into the fray, betting conventional authentication systems using pin [...]

How Fast Can Korea’s “Fintech” Industry Grow?

How Fast Can Korea’s “Fintech” Industry Grow?

SEOUL, Oct. 8 (Korea Bizwire) – Recently the so-called “fintech” has been in vogue. A compound word between finance and technology, fintech encompasses services such as mobile payment, mobile money transfer, crowd funding, and the like. The main reason the word fintech has become more familiar with us is services like KakaoPay by Kakao Inc. and [...]