The Democratic Party of Korea is pushing for a joint parliamentary hearing involving four key committees to address Coupang's major data breach, vowing swift action and accountability after public outrage over the company's response and absent leadership.
#YonhapInfomax #Coupang #PersonalDataBreach #DemocraticPartyOfKorea #ParliamentaryHearing #Accountability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96151

South Korea's Insurance Research Institute urges financial institutions to manage systemic cyber risks through stress testing, highlighting the need for joint efforts by regulators, insurers, and corporations to quantify and mitigate the financial impact of large-scale cyber incidents.
#YonhapInfomax #CyberRisk #InsuranceResearchInstitute #StressTest #FinancialImpact #PersonalDataBreach #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94285

The Korea Communications Commission has launched an investigation into Coupang's complex account deletion process, following a surge in user complaints after a major data breach, and will impose strict penalties if violations of user rights are found.
#YonhapInfomax #Coupang #KoreaCommunicationsCommission #AccountDeletion #PersonalDataBreach #TelecommunicationsBusinessAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93993

South Korea is set to announce sweeping new information security regulations in December, including higher fines, punitive damages, and CEO liability, following major data breaches at firms like Coupang.
#YonhapInfomax #InformationSecurity #Coupang #PunitiveDamages #ISMSP #PersonalDataBreach #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93617

The Korea Customs Service will launch a dedicated system for personal customs clearance codes after a Coupang data breach triggered a surge in reissuance and suspension requests.
#YonhapInfomax #KoreaCustomsService #Coupang #PersonalDataBreach #CustomsClearanceCode #SystemReissuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93570

FSS to inspect GAs with data breaches, sets up victim support centers, and urges caution against smishing attempts following personal information leaks from insurance agencies.
#YonhapInfomax #FSS #PersonalDataBreach #GeneralAgencies #OnSiteInspections #VictimSupportCenters #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63941

Ministry of Science and ICT reveals 23 SK Telecom servers infected in hacking incident, with potential exposure of IMEI numbers and personal data, raising concerns about clone phone risks and data security.
#YonhapInfomax #SKTelecom #HackingIncident #IMEI #PersonalDataBreach #CyberSecurity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63819

SK Telecom faces class action lawsuit as victims of personal data breach from SIM card hacking incident unite for compensation, with law firms leading legal efforts against the telecom giant.
#YonhapInfomax #SKTelecom #ClassActionLawsuit #PersonalDataBreach #SIMCardHacking #LegalCompensation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61146

23andMe User Data Stolen in Targeted Attack on Ashkenazi Jews

https://www.wired.com/story/23andme-credential-stuffing-data-stolen/

#privacy #breach #personaldatabreach #tietosuoja #tietoturva #cybersecurity