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Search results for April 13

AI & Enterprise

Deepfake reports top 10,000 ahead of local elections, government steps up response

South Korea has received more than 10,000 requests to delete posts suspected of violating election rules by using deepfakes, a week before nationwide local elections. The Interior and Safety Ministry held an inter-agency working meeting on May 28 led by Vice Minister Kim Min-jae. Police said 921 people had been caught by May 27 for suspected black propaganda such as false or fake news. Authorities said they are working with regulators and the election commission on detection, deletion, complaints and investigations.

Telecommunications & Media

LG U+ SIM updates, replacements top 1.9 million amid IMSI security concerns

LG U+ has carried out more than 1.9 million SIM updates and free replacements in a month as part of steps to ease concerns over International Mobile Subscriber Identity (IMSI) security. The company logged 722,470 SIM updates and 1,211,741 SIM replacements from April 13 through the previous day, for a total of 1,934,211 cases. The cumulative processing rate is 11.4 percent of subscribers.

Crypto

Stablecoin land grab intensifies as banks and fintech form alliances

South Korea\'s finance and fintech sectors are stepping up competition to pre-empt the stablecoin market even as legislation remains stalled in parliament. Banks are moving to secure issuance rights through consortia and technology partners, while fintech firms and exchanges focus on controlling mainnets and payment networks. Global players are also positioning in networks and settlement infrastructure. The article says the battle for won and dollar stablecoin leadership is already under way.