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SK hynix launches 2 trillion won export supply chain guarantee to ease supplier loans

SK hynix launched an export supply chain reinforcement guarantee programme with the government and major lenders to support semiconductor materials, parts and equipment suppliers. The joint financing scheme totals 2 trillion won, with SK hynix and banks contributing funds and Korea Trade Insurance Corp providing guarantees. Eligible suppliers can receive larger loan limits, preferential rates and reduced guarantee fees. Officials also reviewed progress at the Yongin cluster and the Trinity Fab project.

AI & Enterprise

PIPC issues privacy protection guidelines for individuals and organisations

South Korea's Personal Information Protection Commission on Monday issued preventive guidelines as hacking that exploits security vulnerabilities using AI increases and concerns grow over data leaks and secondary 피해. The commission advised individuals to withdraw from unused websites, use services to check identity verification history, and regularly confirm account leaks or identity theft through public services. It also provided contact points for reporting privacy violations and financial fraud and urged organisations to review systems, devices and APIs handling personal data.

AI & Enterprise

World launches WorldID for banks, Zoom deepfake detection goes live

World, an identity verification project co-founded by OpenAI CEO Sam Altman, said on Oct. 19 it launched a WorldID product line aimed at banks and financial firms. It is the first time the company has introduced products targeting a specific industry. The lineup includes the WorldID app, WorldID for Zoom and WorldID for agents. World said the products can help prevent deepfake fraud and AI impersonation across customer accounts, employee work and AI agents.