A major cyber attack on South Korea is usually not a stop-the-presses global news item; it's fairly routine for North Korea and China to make attempts. But what's interesting are the organizational failures that this cyber attack highlights.
As might be expected, the scale and scope of the latest Coinrail cyber heist has increased the call for new cryptocurrency regulations for both exchanges and trading, and could go a long way in maintaining investor faith in the modern financial system.
In June 2016 the Korean government announced new guidelines on personal data de-identification measures which have contributed to a greater clarity around the use and transfer of personal data for purposes other than those consented to by the data subject. How will they positively impact the big data market?
South Korea has had a difficult run of data security breaches. The country has stepped up its data privacy regulation and is backed by extensive enforcement measures. What is the basic structure, its key features and enforcement measures? What are the recent changes and their implications?