SEOUL, Aug. 19 (Korea Bizwire) – A thriving underground market for K-pop idols’ flight information has emerged on social media platforms, raising alarm among privacy advocates and entertainment companies alike. On August 16, numerous posts appeared on X (formerly Twitter) offering to sell detailed flight information of popular K-pop groups. For as little as 2,000 won, [...]
SEOUL, Sept. 5 (Korea Bizwire) — A report released by the Korea Customs Service on September 4 revealed that 8,607 of 9,853 counterfeit goods seized were made in China. The yearly report on the black market for counterfeit goods stated that the total number of counterfeit goods seized by the agency declined by 3 percent [...]
SEOUL, July 8 (Korea Bizwire) – A recent assessment revealed the potential danger of South Korea’s underground economy playing a role in the financing of terrorism. The issue was brought to light on Thursday by professor Kang Kyoung-hun from Dongguk University during a public hearing into the dangers of money laundering in Korea organized by [...]
SEOUL, April 30 (Korea Bizwire) – In North Korea, products made in South Korea are officially prohibited, but they are spread widely especially among members of the wealthy elite living in Pyongyang. Since South Korean products are banned, North Koreans cannot talk about them openly at black markets, and use slang expressions instead. So how [...]
SEOUL, May 23 (Korea Bizwire) – The Seoul Metropolitan Police Agency announced on May 21 that it had distributed free-of-charge “SClean,” an application which the agency developed would prevent instances smishing or SMS phishing. SClean is a compound word for “smishing” and “cleaner.” The application is designed to shut off the apps that have been [...]