Tving Data Breach Exposes Gaps in CI Security Measures

Tving's recent data breach has led to the exposure of 19.04 million link information (CI) identifiers, which are generated during identity verification processes through external portals like Google and Naver, as well as mobile phones and I-PINs. This incident has raised new security concerns. Current laws do not provide a procedure for invalidating or replacing leaked CI identifiers. The Broadcasting and Communications Commission is working on measures to address this issue. At 7:38 p.m. on September 7, a power supply failure occurred on Daegu Metro Line 3, temporarily halting service across all sections. The outage, which began near Suseong Market Station, spread to other areas. Passengers on nine trains that were in operation at the time were safely evacuated at nearby stations. Service resumed in both directions between Chilgok Kyungdae Hospital Station and Dalseong Park Station at 8:10 p.m., but the rest of the line remains suspended. Daegu Transportation Corporation plans to investigate the cause of the outage by midnight, and it is uncertain whether normal service will resume with the first train on September 8. As the confirmation hearing for Kim Seung-won, the nominee for Minister of Justice, approaches, tensions between the ruling and opposition parties are escalating. On September 7, Jang Dong-hyuk, the leader of the People Power Party, stated during a Supreme Council meeting at the National Assembly that the recent cabinet reshuffle represents President Lee Jae-myung's "abandonment of the people" and called for a complete withdrawal of the reshuffle. In response to the opposition's aggressive stance, Democratic Party lawmaker Kim Dong-a criticized a previously released recording by another lawmaker, labeling it a serious crime involving the disclosure of official secrets and violations of the Personal Information Protection Act and the Public Records Management Act. The Financial Services Commission and the Financial Supervisory Service are set to revise the investigation procedures of the Capital Market Special Judicial Police (special police) in line with the upcoming closure of the prosecutor's office next month. The key change involves shifting from a system where investigations were directed by prosecutors to a cooperative model where special police can seek guidance and advice from prosecutors. The pre-approval process for releasing suspects and transferring cases will also be eliminated, enhancing the investigative autonomy of the special police. A new case distribution system will be established to allow special police to investigate capital market cases referred by the Serious Crimes Investigation Agency. Chinese banks are accumulating dollar deposits to increase their investments in U.S. Treasury bonds. According to Reuters, the five largest state-owned banks in China have applied a 2.8% interest rate on dollar deposits since 2023, with some banks raising it to over 3% since June. This trend is attributed to a surge in dollar liquidity due to strong exports and rising U.S. Treasury yields, which have become more attractive for investment. The yield on 10-year U.S. Treasury bonds has risen by more than 30 basis points since early June, reaching 4.76%, influenced by inflation, fiscal concerns, and improved economic outlooks. Chinese banks can earn interest income from the rate differential by investing the dollars secured through deposits in U.S. Treasury bonds.



* This article has been translated by AI.

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