| Mobile Web

Search results for Lotte Card

Telecommunications & Media

Korea broadcast media communications commission considers 1-year validity for CI, plans legal revision next year

South Korea’s Broadcast Media Communications Commission is reviewing a plan to set a 1-year validity period for connected information (CI) used to identify individuals online. It plans to prepare an institutional improvement plan within this year and push for related legal revisions from next year. In a written reply to lawmakers, the commission said it is considering 1 year to balance security and service continuity and is also reviewing renewal cycles, replacement procedures and implementation feasibility.

Telecommunications & Media

South Korea media-telecom regulator to review reforms after repeated linked information leaks

South Korea\'s Broadcast Media and Telecommunications Commission said it will review legal and institutional reforms to allow users to request changes to or suspension of linked information (CI) used to identify people online. The move follows repeated CI leak incidents and criticism that users have little ability to demand changes under current rules. Lawmaker Kim Sun-min pressed the commission at a parliamentary audit, citing leaks at Lotte Card and Tving and calling for user renewal rights and choice.

Industry

Lotte Holdings receives apology letter from Lotte Card after sales sanctions

Lotte Holdings said it received an official apology letter from Lotte Card after financial authorities imposed sanctions on the card issuer. The Financial Services Commission confirmed on July 31 a 1.5-month partial suspension of some of Lotte Card\'s business operations. In the letter, Lotte Card apologised for inconvenience to customers of Lotte Holdings and its affiliates and said it would focus on customer support during the suspension period.