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Crypto

Solana Foundation CISO warns AI scams are next security threat in crypto

Major security incidents in the crypto sector in recent months have come not from smart contract flaws but from more sophisticated tactics such as fake identities and AI-generated scams, CoinDesk reported, citing Solana Foundation chief information security officer Michael Coates. Coates said such weaknesses are likely to drive the next wave of blockchain security threats. He warned AI and deepfakes will intensify social engineering attacks, including large-scale spoofing calls.

Telecommunications & Media

Complex calculus for KT hacking fine puts revenue base, severity in focus

The government is expected to soon disclose its level of sanctions over KT’s hacking incident involving unauthorized small-amount payments. The Personal Information Protection Commission will review whether KT violated the Personal Information Protection Act and decide on fines, penalties and corrective orders. Key issues include what revenue base will be used, how the scale of the leak and the extent of safety-measure violations will be reflected, and whether delays in reporting and response problems will increase penalties.

Telecommunications & Media

Baeh Kyung-hoon says telecoms must transform into AI companies as top 3 expand investment

SK Telecom, KT and LG Uplus will work with the government to expand next-generation network investment to respond to the AI era and form a public-private consultative body to discuss investment and telecoms regulatory improvements. Deputy Prime Minister and Science Minister Baeh Kyung-hoon said telecoms should transform into AI infrastructure and platform companies. The ministry plans a comprehensive policy package, while the carriers will expand membership benefits and provide temporary plan perks for youth and vulnerable groups.