South Korea stories
The European Union's Artificial Intelligence Act will take effect on 2nd February, banning high-risk AI uses like facial recognition and social scoring.
A recent honeypot experiment by Spitfire Network Services reveals a staggering 2,266 cyber attacks on a public IP within just one hour, highlighting severe security risks.
The Asia-Pacific region is experiencing a payment revolution, with realtime transactions surging to 185.8 billion in 2023, reshaping financial interactions.
Railway operators are set to invest $1.2 billion in 5G LTE technology by 2027, marking a significant shift towards modern communication infrastructures.
Groyyo has promoted Nitin Jain to Co-Founder, recognising his vital role in the company's rapid growth in international markets, particularly exports.
A DLA Piper survey reveals 70% of global data centre investors forecast increased funding over two years, driven by AI demand despite energy concerns.
Zscaler's latest report reveals over 200 malicious apps in Google Play, urging organisations to enhance mobile security amid rising mobile threats.
Australian startup TDCR has launched GLO, a stable digital currency backed by tokenised gold, aiming to redefine cryptocurrency usability and perception.
DCI Data Centers has appointed Sumit Mukhija as Chief Executive Officer to drive strategic growth in Asia Pacific markets and enhance data centre services.
New research reveals 43% of organisations in the Asia Pacific plan to boost AI investments by over 20% next year, highlighting a strategic divide.
FedEx and Junior Achievement reveal the winners of the 2024 International Trade Challenge in Singapore, spotlighting innovative student ideas for a circular economy.
Acronis' H1 2024 Cyberthreats Report reveals a 293% surge in email attacks and a 32% rise in ransomware, warning SMBs and MSPs of heightened cyber risks.
Alipay+ boosts global reach, extending services to 90 million merchants in its 2024 summer campaign, driven by a 27% transaction surge during UEFA EURO 2024.
A report by F5 reveals that 20% of APAC organisations are turning to AI/ML to tackle rising API security threats, with businesses prioritising strong cybersecurity measures.
Cybersecurity firm Acronis has identified a staggering 293% increase in email cyberattacks during the first half of 2024 compared to 2023.
Snom Technology collaborates with Cal4Care Group to expand its VoIP market reach in Singapore, Malaysia, and Thailand, eyeing rapid growth in the Asia-Pacific region.
SK Planet partners with Mocaverse to enhance user experiences in Web3, integrating MOCA Coin into its digital ecosystem for 28 million users.
Dow Jones has launched its first AI-driven Korean Language Service, enhancing access to real-time financial news for South Korea's business community.
Cybersecurity firm Proofpoint has appointed JP Yu as Vice President for Southeast Asia and Korea, aiming to bolster sales across the rapidly evolving region.
JLL facilitated the sale of Hanam Data Center for IGIS to Macquarie Korea Infrastructure Fund, marking South Korea's first stabilised hyperscale data center transaction.