Cybersecurity News that Matters

Cybersecurity News that Matters

“Weekend Briefing” is a weekly newsletter sent to subscribers of The Readable every Friday. Our journalists select important news items from the previous week on topics ranging from privacy to policy development in cybersecurity, all to help you stay abreast of the latest breaking issues. And not only is this provided free of cost to […]

A decade-long legal battle involving a data breach that affected the majority of the South Korean population concluded last week. The court confirmed a compensation award of $48 million to a credit card company. The Supreme Court of Korea has rejected the appeal of the defense and ordered the company to pay 62.3 billion won […]

European Union lawmakers officially approved legislation governing artificial intelligence technologies on Wednesday, marking the initiation of the world’s first comprehensive set of rules for the AI sector within the EU market. The European Parliament declared that the AI Act received overwhelming support, with 523 members voting in favor of the new regulations. Meanwhile, 46 members opposed […]

Privacy

“Weekend Briefing” is a weekly newsletter sent to subscribers of The Readable every Friday. Our journalists select important news items from the previous week on topics ranging from privacy to policy development in cybersecurity, all to help you stay abreast of the latest breaking issues. And not only is this provided free of cost to […]

A decade-long legal battle involving a data breach that affected the majority of the South Korean population concluded last week. The court confirmed a compensation award of $48 million to a credit card company. The Supreme Court of Korea has rejected the appeal of the defense and ordered the company to pay 62.3 billion won […]

European Union lawmakers officially approved legislation governing artificial intelligence technologies on Wednesday, marking the initiation of the world’s first comprehensive set of rules for the AI sector within the EU market. The European Parliament declared that the AI Act received overwhelming support, with 523 members voting in favor of the new regulations. Meanwhile, 46 members opposed […]

Updated Mar. 11, 2024 9:03PM GMT+9 On March 5, the Japanese government directed LY Corporation (Line Yahoo) to sever ties with South Korea’s Naver Cloud Corporation. This decision comes in the wake of a data breach incident. The Ministry of Internal Affairs and Communications (MIC) pointed to LY’s excessive reliance on Naver Cloud as the […]

A counterfeit installer for Notion, a popular collaboration platform boasting over 30 million users globally, has been identified. This fraudulent installer is designed to disseminate malware with the intent of stealing personal data, including cryptocurrency details. On February 27, AhnLab, a cybersecurity firm based in South Korea, identified phishing pages that were distributing malicious files. […]

The prosecutors’ office in South Korea has filed an appeal against a district court’s ruling to refer an 18-year-old hacker to juvenile court. The individual in question hacked and released at least 5,000 eBooks last May. The Seoul Eastern District Prosecutors’ Office disagreed with the court’s February 2 decision, arguing that a case involving an […]

By Kuksung Nam, The ReadableFeb. 13, 2024 8:30PM GMT+9 A hacker was found guilty of infiltrating the servers of a provincial educational institution and stealing examination results for nearly 90 percent of second-year high school students. According to an announcement out of the Suwon District Court made on Tuesday, a 20-year-old man was sentenced to […]

The Personal Information Protection Commission (PIPC) of South Korea, in a briefing held on Wednesday, announced detailed policy plans specifying that users’ behavioral information—data related to internet activity—must be processed in a manner that does not reveal the identity of individual users. The PIPC emphasized that advertisers should observe a strict distinction between behavioral information […]

South Korea is seeking to advance its governance over data flow as the country’s privacy agency launches an expert committee dedicated to transmitting data across borders. On January 30, the Personal Information Protection Commission (PIPC) held an inauguration ceremony and announced the formation of the Expert Committee for Cross-border Transfer. The committee is comprised of […]

South Korea’s privacy watchdog imposed a fine on the Korea Employment Information Service (KEIS) for their lack of safety measures to block unauthorized access to the national employment platform which led to the private information of 230,000 users being exposed last year. On January 25, the Personal Information Protection Commission (PIPC) stated that they imposed […]

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