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MyData Expansion: E-Commerce Concerns Over Data Security and Privacy

Okay, here’s a breakdown⁣ of the key points from the provided text, focusing on the ⁢controversy surrounding the​ proposed amendment to South​ Korea’s Personal Facts Protection Act:

The Core Issue: Expanding Data Portability (“MyData“)

* What’s happening: ⁢The Personal Information Protection Commission (PCSC) is pushing to expand‍ the “right to ‍request personal information transfer” (data portability) to all industries in South Korea. Currently, it’s largely limited to healthcare, communications, and energy.
* How it works: This means consumers would be ⁤able to request their data (lodging details, shopping history, etc.) be transferred to third-party intermediary agencies with their consent. These agencies could then use the data for things like AI, big data analysis, and personalized recommendations.
* Who’s affected: Companies with sales of 150 billion won and 1 ​million‍ “information subjects” (consumers) ⁤will be required to comply. This includes major players ‌like Naver, ⁢Kakao, Baemin,‍ Yanolja, ⁤11th Street, and G Market. Any service with 1 million+ consumers falls under the scope.

The Concerns &‍ Opposition (Led by the Association – likely a business/industry group)

*​ Security Risks: The primary concern is the‌ potential for data leaks. The association argues that specialized intermediary agencies might potentially be⁤ less secure than established telecommunications companies (like SK Telecom, KT, ⁢and Lotte​ Card) despite assurances from the ⁤National Security Commission. They ​point out that these agencies focus on ⁢data​ storage and relay, making them attractive targets.
* Overseas‍ Data Transfer: The amendment⁤ allows overseas companies (like “C-Commerce” -​ likely referring to Chinese e-commerce) to establish these intermediary​ agencies ‍with relatively low capital (100‍ million won). ⁢This raises fears that sensitive ‍data could be transferred overseas, potentially compromising national security and economic sovereignty. they argue it’s akin to giving away valuable data ⁢for free.
* Difficulty with Accountability: If a data leak occurs, the​ association believes it ‍will be difficult to control the damage and even harder⁢ to ⁤obtain compensation. The delegated access ​to user accounts by proxy agencies increases the risk of exponential ‍damage from insider leaks ⁣or⁣ account theft.
* ⁢ Ignoring Previous Recommendations: The association claims the National Security Committee is disregarding recommendations from‌ its own Regulatory Reform Committee (from last year) which suggested limiting data sharing to ⁣medical, communication, and energy sectors due to security concerns.
* Burden on Businesses: Previous opposition from consumer groups, startup forums, and venture business associations highlighted the regulatory burden on companies.

The Government’s Position (National Security ​Commission/PCSC)

* ⁢ Enhanced Security Measures: The‍ National Security ​Commission claims ‌they will ensure security through measures like encryption and access⁣ control.
* Promoting Innovation: The underlying goal is to ‍foster innovation by enabling the use of data⁤ for AI,big data,and personalized services.

In essence, the debate ⁤is a clash between the desire to promote ⁣data-driven innovation ​and⁢ the need to protect personal⁣ information and national security. The association believes the risks outweigh the benefits, while the government ⁢seems steadfast to push forward ‍with the expanded data portability ​framework.

Let me know if you’d like me to elaborate on any specific aspect ‍of ​this information.

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