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Cyber Incident Responsibility Strengthened…Amended Information and Communications Network Act and Enforcement Decree to Take Effect October 1
AI 3-line summary
- The amended Information and Communications Network Act and its enforcement decree take effect on October 1, strengthening companies' responsibility for preventing and responding to cyber intrusion incidents.
- The Ministry of Science and ICT said the measures include designating the chief information security officer as an executive, introducing enhanced certification, and fines of up to 3% of revenue.
- Companies that repeatedly neglect security may face enforcement fines and penalties, and this is described as strengthening user protection.
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Read the full article (machine translation) → Original article (Korean): 사이버 침해사고 책임 강화…정보통신망법·시행령 10월 1일 시행
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