Will South Korea's Presidential Office Introduce New Cybersecurity Measures Following Recent Hacking Incidents?

Synopsis
Key Takeaways
- Presidential Office to announce new cybersecurity measures.
- Focus on preventing hacking incidents at telecom and financial sectors.
- Collaboration with key ministries and experts for a coordinated response.
- Nationwide inspections of telecom and financial firms planned.
- Importance of cybersecurity for South Korea's digital future emphasized.
Seoul, Sep 22 (NationPress) The Presidential Office of National Security announced on Monday its plans to implement comprehensive measures aimed at preventing future hacking incidents, in light of a series of security breaches affecting mobile carriers and a credit card issuer.
The office revealed it has been engaged in discussions with relevant ministry officials and cybersecurity experts, with an intention to unveil these measures later this month. This initiative follows hacking incidents involving SK Telecom Co., KT Corp., and Lotte Card Co..
"We regard the hacking incidents at telecom and financial institutions, as well as the harm inflicted on citizens, with utmost seriousness," the office stated. It emphasized collaboration with the Ministry of Science and ICT, the National Intelligence Service, and other authorities to formulate a coordinated response.
The government is also preparing to initiate nationwide inspections targeting major telecom and platform providers, as well as financial firms, while aiming to enhance protective measures for users in the face of security breaches.
In April, SK Telecom disclosed that the personal information of its entire user base might have been compromised during a cyberattack on its network servers. Meanwhile, KT, another mobile carrier, recently reported illegal micropayments affecting 362 subscribers.
Additionally, last month, the servers of Lotte Card were breached, jeopardizing the personal information of approximately 3 million customers, as reported by Yonhap news agency.
Earlier on Thursday, President Lee urged for comprehensive measures to enhance digital security following the recent data breaches involving KT and Lotte Card.
During a meeting with senior aides, Lee emphasized the importance of holding private firms accountable while cautioning that the government must establish systematic defenses against increasingly sophisticated cyberattacks.
He remarked that without robust security, South Korea's aspirations to emerge as a significant global player in the digital and AI sectors could be likened to a "house of cards."