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Telecommunications & Media

SKT publishes AI governance report to strengthen AI trust management

SK Telecom published an AI Governance Report on Oct. 26 outlining its AI governance principles, accountability framework and key results. The report details management systems and specific execution plans aimed at improving the safety and reliability of AI technology, and includes guidelines for managing AI agents that make decisions and perform tasks autonomously. SKT said it is strengthening integrated oversight linking privacy protection with AI governance and expanding international standard certification.

AI & Enterprise

No insurance fits AI firms as mega-lawsuit risk grows

As the AI industry expands rapidly, insurers are struggling to offer products that cover legal liabilities from AI safety incidents, according to reports cited in the article. Lawsuits over chatbot harms and copyright in model training are rising, and incidents involving out-of-control AI agents add to litigation risks. Some specialised coverage exists but with limited caps, while optional AI exclusions are spreading in policies. Brokers warn exclusions increase uncertainty and disputes.

Finance

K Bank wins international standard certification for AI risk management system, builds companywide governance

K Bank said it has obtained an international standard certification for its risk management system covering the entire process of planning, developing and operating AI services. It said it set standards for ethics, security and risk management and established a companywide management system as AI use expands. The bank said it received ISO/IEC 42001 certification and held a certification award ceremony on Oct. 16.