Browsing: Korea

Attorney Kang Yong-muk (Judicial Research and Training Institute class 37) of law firm Seum said startups, while concentrating on technology development and business expansion, can easily miss basic legal procedures such as export-import filings or permits. He noted that if a seemingly minor omission escalates into a criminal case, corporations end up spending the time…

More than half of the ransomware crimes reported in South Korea over the past five years and eight months have had their investigations suspended, as hacking attacks on financial firms and companies mount. Police say attacks are growing more sophisticated and increasingly rely on overseas servers, making it harder to trace suspects. Ransomware cases this…

After the banking sector hacking crisis, commercial banks are increasing next year’s information security budgets while conducting emergency checks and service shutdowns to address PHP vulnerabilities.

Korea Internet & Security Agency (KISA) moved to create collaboration opportunities with local corporations to support Korea’s information security corporations in entering the Japanese market.

Starting next year, all KOSPI and KOSDAQ listed companies must disclose information security investment amounts and dedicated staffing levels, regardless of revenue size. Exceptions that had applied to public institutions and financial companies will also be abolished.

Add preferred source Starting January 1 next year, all companies listed on South Korea’s KOSPI and KOSDAQ markets must disclose their information security investments and staffing levels regardless of revenue size. South Korea’s Ministry of Science and ICT said the Cabinet approved a revision to the enforcement decree of the Information Security Industry Act at…

As the domestic stock market contracts, securities firms are moving to expand their investment banking (IB) businesses on the back of capital strength. While small and midsize securities firms are entering the commercial paper market one after another and competing to raise funds, large full-service investment firms are increasing IB funding through integrated managed accounts…

North Korea says it has tested a new torpedo system that uses artificial intelligence for target detection and guidance

North Korea has tested a “new-type” precision-guided torpedo system that uses artificial intelligence for target detection and guidance, state media reported Saturday, as the nuclear-armed country steps up weapons testing.

Woo Seo-yoon (22), the daughter of Woo Ji-won, who was elected Miss Korea Grand Winner for 2026, shared her emotional acceptance remarks two months after her victory.