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Korean Consumers Favor Trust Over Price Amid Surge of Chinese E-Commerce Platforms

Korean Consumers Favor Trust Over Price Amid Surge of Chinese E-Commerce Platforms

SEOUL, May 17, 2025 (Korea Bizwire) — Despite the growing presence of Chinese e-commerce giants like AliExpress and Temu, a majority of South Korean consumers still prefer domestic online platforms for their perceived reliability and product quality—even at higher prices, a government report revealed Friday. According to a report published by the Korea Information Society Development [...]

Korean Job Portals Albamon and Incruit Strengthen Data Security After Hacking Incidents

Korean Job Portals Albamon and Incruit Strengthen Data Security After Hacking Incidents

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 [...]

McDonald’s Korea Fined 696 mln Won for Breach of Customers’ Personal Data

McDonald’s Korea Fined 696 mln Won for Breach of Customers’ Personal Data

SEOUL, March 22 (Korea Bizwire) — McDonald’s Korea was given a fine of 696 million won (US$532,110) on Wednesday after the personal data of 4.87 million customers was leaked to hackers due to the firm’s lax data management. The Personal Information Protection Commission handed out the fine to the Korean branch of the American fast [...]

Hotel Booking App Ordered to Compensate 300 Customers for Data Breach

Hotel Booking App Ordered to Compensate 300 Customers for Data Breach

SEOUL, Oct. 1 (Korea Bizwire) — Leading accommodation booking app Good Choice, better known as “Yeogiotte” in Korean, has been ordered by a court to pay up to 400,000 won (US$280) per person to 300 customers who suffered personal information leak, judicial officials said Friday. The Seoul Central District Court ruled Thursday that Good Choice [...]

Gov’t to Introduce Encrypted Personal Number amid Virus-related Data Breach Concerns

Gov’t to Introduce Encrypted Personal Number amid Virus-related Data Breach Concerns

SEOUL, Feb. 18 (Korea Bizwire) – Starting Friday, the government will introduce a new privacy protection measure allowing the people to write down encrypted private numbers instead of their phone numbers when they visit widely-used places, like restaurants and cafes. The Personal Information Protection Commission (PIPC) announced Thursday that it will introduce an encrypted private [...]

Delphix Reports Surge of Interest in Data Masking Following Implementation of Notifiable Data Breaches (NDB) Scheme in Australia

Delphix Reports Surge of Interest in Data Masking Following Implementation of Notifiable Data Breaches (NDB) Scheme in Australia

SYDNEY, Australia, Aug. 29 (Korea Bizwire) — The flurry among Australian businesses seeking to comply with new data-breach regulations has triggered a surge in demand for the masking component of a total data solution offered by market newcomer Delphix. This capability forms part of the Delphix Dynamic Data Platform (DDDP), which also accelerates app development [...]

Fewer than Half of Companies Spend on Data Protection: Report

Fewer than Half of Companies Spend on Data Protection: Report

SEOUL, Jan. 8 (Korea Biwire) — Fewer than half of South Korean companies dedicated funds to data protection in 2017, a government report showed Monday. According to the report by the Ministry of Science and ICT, only 48.1 percent of 9,000 local companies assessed showed interest in monitoring and protecting corporate data. Only 2.2 percent [...]

Radware Survey Finds Nearly Half of Companies Have Suffered a Data Breach in the Past Year

Radware Survey Finds Nearly Half of Companies Have Suffered a Data Breach in the Past Year

MAHWAH, N.J., Nov. 14 (Korea Bizwire) — Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, released a new study today titled Radware Research: Web Application Security in a Digitally Connected World. The report takes an in-depth look into how organizations protect their web applications, and identifies clear gaps in security among [...]

Google Ordered to Disclose Personal Data Passed on to Outsiders

Google Ordered to Disclose Personal Data Passed on to Outsiders

SEOUL, Oct. 16 (Korea Bizwie) — Google Inc. was ordered by a Seoul court Friday to disclose the list of personal information it has shared with third parties, including a U.S. intelligence agency. Six South Korean activists filed a lawsuit against the global tech giant in July 2014, demanding to know whether it shared their [...]