(Photo=SK Telecom) When large data breaches occur in the United States, consumers often face years of lawsuits, uneven settlements and uncertain payouts. South Korea is now testing a different approach, one led by regulators rather than courts, in the wake of a hacking incident that exposed the personal data of millions. That approach is being applied to a breach at

Photo=Coupang South Korea’s financial regulator has raised its consumer alert level following a series of phishing and smishing scams linked to the recent Coupang data breach, including cases in which victims lost up to $8,200. The Financial Supervisory Service (FSS) said Tuesday that it had initially issued a “caution” alert on December 1 in response to the breach but elevated

(Photo=Pixabay) In the United States, a monthly rent of $5,000 occupies a clearly defined place in the housing market. Outside a small group of coastal cities, it is typically associated with large single-family homes, luxury condominiums or high-end urban apartments. Even in New York, where housing costs are among the highest in the country, that price generally corresponds to a

Photo=Eastar Airlines South Korea’s low-cost carrier Eastar Airlines is planning to acquire its first Boeing 787 wide-body aircraft, marking a major expansion in the airline’s fleet and long-haul ambitions. According to industry sources, Eastar is targeting 2027 for the introduction of the “Dreamliner,” which could enable flights to long-haul destinations including the U.S., Europe, and Oceania. The airline reportedly formed

(Photo=Pixabay) South Korean police are investigating a series of bomb threats posted online against some of the country’s largest corporations, after anonymous messages threatened explosions and violence at multiple corporate sites over several days. The threats targeted Samsung Electronics, a global semiconductor and consumer electronics company, as well as Kakao and Naver, South Korea’s leading internet platform operators, and KT,