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Archive by category Security & Payments

ICT Ministry Mandates All Web-Relayed SMS to Be Marked with a Sign

ICT Ministry Mandates All Web-Relayed SMS to Be Marked with a Sign

SEOUL, July 23 (Korea Bizwire) – According to the Ministry of Science, ICT and Future Planning of Korea on July 20, it has mandated all Internet-delivered text messages to be marked with a “[Web Relayed]” sign and has implemented a “Prevention of Piracy of Numbers in Web-based Smishing” service for use by individuals. Web-relayed SMS have [...]

Banks Rush Into the “War of Mobile Wallet”

Banks Rush Into the “War of Mobile Wallet”

  SEOUL, July 23 (Korea Bizwire) –The sense of urgency that IT companies are encroaching on the mobile payment market is making banks to competitively beef up their smartphone-based electronic commerce services and scramble into the “war of mobile wallet.” Mobile Wallet or E-Wallet is a service that provides a convenient and technologically quick method [...]

“Hackathon” to Be Held to Infuse Outside Information to North Korea

“Hackathon” to Be Held to Infuse Outside Information to North Korea

SEOUL, July 22 (Korea Bizwire) – An ICT competition will be held to penetrate North Korea’s severely controlled information network and send in outside information of the “free world.” According to Radio Free Asia, the Human Rights Foundation, a North Korea human rights group, will hold a “hackathon” event, competing participants’ skills bypassing North Korea’s [...]

Samsung Electronics Supplies Knox Platform to Credit Finance Association

Samsung Electronics Supplies Knox Platform to Credit Finance Association

SEOUL, July 18 (Korea Bizwire) — Samsung Electronics will supply the 2014 edition of 3,000 Galaxy Note 10.1 devices preinstalled with the “Knox” mobile security platform to the Credit Finance Association of Korea. This is the first instance in which Samsung introduces Knox in Korea’s financial service industry. Knox is essential to the association’s security requirements as [...]

Gigaom Research Reveals Organizations are Unprepared for Security Incidents Involving Mobile Malware and Data Leakage

Gigaom Research Reveals Organizations are Unprepared for Security Incidents Involving Mobile Malware and Data Leakage

Singapore, July 16 (Korea Bizwire) — AccessData, the leader in incident resolution solutions, and Gigaom Research, recently released a report on the growing complexities of mobile security and the limitations of “preventive, policy-driven” solutions that are not designed to detect and respond to mobile security incidents that bypass defenses. The report “Mobile security and incident [...]

Hackers Tend to Prefer Easy, Smaller Targets…Kaspersky Lab Report

Hackers Tend to Prefer Easy, Smaller Targets…Kaspersky Lab Report

  SEOUL, July 15 (Korea Bizwire) — Kaspersky Lab, a Russia-based developer of secure content and threat management systems and the world’s largest privately held vendor of software security products, said on July 14 that it has published the “2014 IT Security Risks Summary Report” focusing on the world’s very small businesses and their perception [...]

SK Telecom Introduces Wearable “T Kids Phone JooN” with Lots of Safety Features

SK Telecom Introduces Wearable “T Kids Phone JooN” with Lots of Safety Features

SEOUL, July 8 (Korea Bizwire) – In order to give parents with small children the peace of mind, SK Telecom has introduced a new wearable phone “T Kids Phone JooN” with accompanying rate plans. The largest mobile telecom operator in Korea said on July 7 that it would hold a promotional event on the 8th for housewife [...]

SK Telecom Unveils Korea’s First LTE-based Closed-circuit Security Solution

SK Telecom Unveils Korea’s First LTE-based Closed-circuit Security Solution

SEOUL, July 2 (Korea Bizwire) – SK Telecom has launched a close-circuit TV security service using LTE wireless network for farmers, fish farm operators, and country home dwellers. The company said on July 1 that it has made available a “Point Cam LTE” close-circuit TV security solution that combines a close-circuit TV with an LTE data amplifier. [...]

Firm Banking Regulation to Be Toughened

Firm Banking Regulation to Be Toughened

SEOUL, June 20 (Korea Bizwire) – The regulation on “firm banking,” the banking method used to pay for mobile phone bills, insurance premiums, or newspaper subscription fees, will be strengthened. This is made possible by an agreement from the user through the Korea Financial Telecommunications and Clearings Institute that takes certain amounts of funds from the user’s [...]

AhnLab Introduces Its Anti-APT Security Solutions at CommunicAsia 2014

AhnLab Introduces Its Anti-APT Security Solutions at CommunicAsia 2014

SEOUL, South Korea, Jun. 17 (Korea Bizwire) — AhnLab, Inc. (www.ahnlab.com), a leading provider of information security products and services for enterprise, military and government organizations, and Synetcom Philippines, Inc., AhnLab’s strategic business partner, introduced AhnLab MDS, multi-layered security solutions against today’s advanced security threats at the CommunicAsia 2014 (Booth Number BB5-08, Basement Level), held [...]