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Telecommunications & Media

US police tighten security over smartglasses vulnerability concerns

U.S. police and federal agencies are tightening security over Meta smartglasses with built-in cameras, citing new risks at detention and police facilities. The New York Police Department\'s counterterrorism bureau flagged Ray-Ban Meta smartglasses as a security and counterintelligence threat and ordered stricter screening of glasses entering inmate cells. A TikTok video filmed inside a South Carolina detention facility has also been cited. Warnings have spread to DHS teams and fusion centers, while ICE has banned wearing smartglasses in federal workspaces.

Finance

Shinhan Financial marks 25th anniversary; Jin Ok-dong calls for stronger trust, business competitiveness

Shinhan Financial Group held a ceremony on Tuesday to mark its 25th anniversary and presented “trust” and “business competitiveness” as key values for sustainable growth. Chairman Jin Ok-dong delivered a special lecture to employees and reviewed the group’s growth over the past 25 years. He said financial companies are ultimately judged by customer trust and that in the AI era trust could extend to AI agents. He also stressed the importance of internal controls.

Finance

MyData market expands as Korea faces impact of consecutive base rate hikes

Korea\'s financial MyData service is set to expand beyond individuals to sole proprietors and small merchants, evolving from simple data checks to executing financial tasks. The Financial Services Commission plans to broaden the right to request transmission of credit information and to introduce a \"My AI agent\". Separately, the Bank of Korea has raised its base rate for a second straight month, adding to upward pressure on loan rates and borrowers\' interest burdens.