Search results for ISMS
AI & Enterprise
Revised Personal Information Protection Act takes effect on Sept. 11, introduces punitive fines
South Korea\'s revised Personal Information Protection Act and an amended enforcement decree take effect from Sept. 11, following revisions made in March. The changes introduce punitive administrative fines of up to 10 percent of total revenue for repeated or intentional or grossly negligent personal data leaks, and mandatory fine reductions linked to preventive investments. They also strengthen CEO and CPO responsibilities, expand leak notification requirements and add a new notification regime for leak risks.
AI & Enterprise
AI Strategy Committee shifts to project-based work, steps up AIDC, defence AX, AI security and standardisation
South Korea\'s National AI Strategy Committee set a goal for its second year of positioning the country as an irreplaceable core player in the global AI supply chain and a trusted partner. It plans to pursue tasks including national strategic industrialisation of AI data centres, industry and defence AX, and AI security and standardisation, while shifting its operations from subcommittee-led work to project-based execution. It also aims to focus on implementation and performance management as the cross-government AI budget rises.
AI & Enterprise
Joint probe team uncovers 500 days of cyber breaches from big 3 telcos to Coupang and Tving
A joint public-private investigation team has spent the past 500 days probing cyber breaches that hit South Korea’s telecommunications and broadcasting industry. Its investigations covered SK Telecom’s USIM hacking incident, KT’s illegal femtocell-linked case and Tving’s account information leak, and it was also deployed to a Coupang breach. The team found repeated shortcomings in basic security practices such as account and authentication management, log retention and abnormal-sign detection, and identified cases of late or missing incident reporting.
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Telecommunications & Media
Almost all Tving accounts compromised after poor access key management
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AI & Enterprise
Clucus to present public sector AX execution strategy at K-ICT Week in Busan
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Crypto
BitGo Korea\'s VASP report accepted in first case for a global firm
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Crypto
South Korea tightens reporting bar for digital asset businesses, expands screening to major shareholders
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Telecommunications & Media
KT spared from \'fine shock\' but task of restoring trust remains
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Telecommunications & Media
PIPC fines KT 54 billion won, files complaint over obstruction
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AI & Enterprise
PIPC boosts sanction effectiveness, gains momentum in shift to prevention-focused system
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Industry
LG HelloVision publishes sustainability report on AI-driven local co-prosperity
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AI & Enterprise
Personal data protection master plan announced to support trust-based AI innovation
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Industry
Douzone Bizon publishes sustainability management report
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AI & Enterprise
Retriever raises pre-seed funding to speed development of AI-based security certification automation solution
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
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AI & Enterprise
Draft amendment to enforcement decree of Personal Information Protection Act put up for public comment
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Finance
Toss Income wins first ISMS-P certification in tax platform sector
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AI & Enterprise
Government launches public-private response system for \'hacker-grade\' AI cyber threats