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View all search resultsEstablished banks have pledged to maintain strong digital security systems and encouraged consumers to take precautions against cyberthreats, but the passage of the stalled bill is deemed crucial, as personal information is increasingly shared in the industry.
The administrative guidance, which also requires a report from Line by late May, was issued as the Internal Affairs and Communications Ministry judged the app operator failed to provide a sufficient surveillance system to protect the "secrets of communications" as required by law.
Currently, the country’s e-commerce industry only has government regulation No. 80/2019 and Trade Ministerial Regulation No. 50/2020, which will come into effect in November as a regulatory umbrella.
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