SEOUL, May 16 (Korea Bizwire) – The “app card,” which has been touted as a new-generation mobile transaction system, has taken a hit from illicit transactions. In the meantime, Fraud Detection System (FDS) has proven its values once again. Samsung Card reported to the police and financial authorities on May 11 about some 300 cases of illegal [...]
SEOUL, May 13 (Korea Bizwire) – Amid continued reports of privacy infringements and social awareness of electric power shortage problem, Samsung Electronics have launched solutions that can help to cope with the both problems at the same time. Korea’s leading electronics company announced that they have added “illegal recording prevention” function in their new products [...]
SEOUL, Korea, May 1, 2014 (Korea Bizwire) – To prevent unintentional mobile application payments, various institutional strategies will be provided such as obligated password input and exposure of payment information notice while using the app markets. The Korea Communications Commission announced the regulatory plans on April 29 to reinforce safety measures of the mobile app [...]
SEOUL, Korea, April 30, 2014 (Korea Bizwire) – The ways to plant malignant applications are becoming much smarter to make “delicate inroads” into our ordinary Internet using patterns. Embedding malignant codes through text messages is now a well-known path and many applications that shut out the codes have also been widely developed. Therefore, the ways [...]