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Telecommunications & Media
SKT Broadband leads IPTV security spending; KT Skylife tops security share of IT budget
South Korea’s three IPTV operators increased information security spending in 2024, reflecting the sensitive data handled by broadcast platforms. Combined spending by SKT Broadband, KT Skylife and LG HelloVision rose about 6.6 percent from a year earlier to 32,828,770,000 won, data from the Korea Internet & Security Agency’s disclosure portal showed. SKT Broadband spent the most, while KT Skylife had the highest security share of its IT budget.
Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
With the June 3 local elections over, attention in South Korea’s financial sector is shifting back to financial authorities and the National Assembly. Issues that lost traction during the campaign, including governance reform at financial holding firms, digital asset regulation, loan rules for non-resident single-homeowners and a compensation liability system for voice phishing, may return to the agenda in the second half. Regulators have also adjusted ELS sanctions and stepped up work on consumer protection and AI security threats.
AI & Enterprise
No time to respond to ultra-fast AI attacks, 'patch gap' alarm
Growing concern is emerging over a so-called patch gap, as AI can find vulnerabilities and write attack code within hours, leaving corporate security teams with less time to fix flaws. A Google M-Trends 2026 report cites cases where attacks occur before patches are deployed. Tests of Anthropic’s Mythos preview also showed rapid exploit generation for Windows kernel and Firefox vulnerabilities, while experts propose new prioritisation methods for patching.
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Crypto
Visa, Brale launch stablecoin institutional payments pilot on Canton Network
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Industry
AI-driven component stocks stay firm despite memory swings
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Crypto
Zcash rushes out emergency patch for infinite counterfeit minting flaw, price rebounds
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Crypto
MetaMask launches crypto wallet for AI agents, supports autonomous trading
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Games & Commerce
Naver Plus Membership aims for subscription boost backed by World Cup
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Crypto
Bybit launches subscription service for SpaceX IPO tokenised shares
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Telecommunications & Media
Apple to unveil iOS 27 on 27th, supports up to iPhone 11, adds Liquid Glass controls
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AI & Enterprise
Apple unveils AI Siri after 2 years, bets on conversational AI to take on ChatGPT and Claude
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AI & Enterprise
Jensen Huang wraps up South Korea visit, stresses physical AI cooperation and startup support
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Crypto
Bitwise CEO advises crypto investors chasing AI stocks
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Crypto
Is it a good time to buy bitcoin? Data shows it near an undervalued zone
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Industry
Jensen Huang charts AI cooperation map in South Korea over four days
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AI & Enterprise
Younglimwon SoftLab, Samjong KPMG to hold IFRS 18 seminar on June 12
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Industry
Who buys after SpaceX IPO? Index inclusion and insider sales in focus
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Crypto
Glassnode sees bitcoin high-probability bottom at $46,000 to $54,000