South Korea’s National Assembly subcommittee has passed a ruling party-led bill imposing punitive damages of up to five times actual losses for malicious dissemination of false or manipulated information, amid debate over press freedom and legal safeguards.
#YonhapInfomax #FakeNewsEradicationAct #PunitiveDamages #NationalAssembly #PressFreedom #InformationAndCommunicationsNetworkAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94845
Science, ICT and Broadcasting Subcommittee Passes 'Fivefold Damages' Fake News Bill Led by Ruling Party

South Korea’s National Assembly subcommittee has passed a ruling party-led bill imposing punitive damages of up to five times actual losses for malicious dissemination of false or manipulated information, amid debate over press freedom and legal safeguards.

Yonhap Infomax
KT Corp. failed to report a major malware breach in 2024, with authorities uncovering additional server compromises and signaling possible fines and criminal investigation for delayed and unreported hacking incidents.
#YonhapInfomax #KTCorp #MalwareBreach #InformationAndCommunicationsNetworkAct #MicropaymentLosses #FinesAndInvestigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89610
KT Remained Silent on Last Year’s Malware Breach—Delayed Hacking Reports Raise Concerns (Comprehensive)

KT Corp. failed to report a major malware breach in 2024, with authorities uncovering additional server compromises and signaling possible fines and criminal investigation for delayed and unreported hacking incidents.

Yonhap Infomax