Connect to share and comment

FSS urges card firms to adopt IC cards amid data leak

SEOUL, April 6 (Yonhap) -- South Korea's financial watchdog ordered credit card firms to raise funds and promptly adopt integrated circuit (IC) cards to prevent a repeat of personal information leakage, market sources said Sunday. Under the order by the Financial Supervisory Service (FSS), South Korea's eight credit card firms will be obligated to raise a combined fund worth 100 billion won (US$94.8 million) to bolster their management of personal data, the sources said.

Chinese technology smuggler sentenced to 3 years

By Robert Boczkiewicz and John Shiffman DENVER (Reuters) - A Chinese citizen convicted of trying to smuggle American-made radiation-hardened microchips from California to China was sentenced Wednesday to three years in U.S. prison. Philip Chaohui He, the target of a U.S. Homeland Security sting, was arrested in late 2011 at a port near Los Angeles as he approached a Chinese freighter. In his car trunk, agents found 200 radiation-hardened microchips hidden inside a tub of baby formula.

S. Korea launches construction to adopt RFID system in Kaesong complex

S. Korea launches construction to adopt RFID system in Kaesong complex SEOUL, Dec. 2 (Xinhua) -- South Korea's Unification Ministry said on Monday that construction was launched to adopt the radio frequency identification (RFID) system in the joint factory park in Kaesong, the border town in the Democratic People's Republic of Korea (DPRK).

Tombstone thieves be warned: SAfrica introduces microchip to foil nighttime graveyard raids

JOHANNESBURG - Amid a rash of tombstone thefts from cemeteries in Johannesburg, a company will be offering relatives of the deceased a high-tech solution: microchips that can be inserted into the memorial that will sound an alarm and send a text message to their cellphones if it is disturbed.

Regulator puts conditions on Honeywell's Intermec purchase

WASHINGTON (Reuters) - U.S. authorities on Friday cleared Honeywell International's proposed purchase of mobile computing device maker Intermec on the condition that Honeywell license key patents used to make scanners. The Federal Trade Commission will require Honeywell to license patents critical to the manufacture of two-dimensional bar code scanners, resolving charges that the deal would be anti-competitive. (Reporting by Ros Krasny; Editing by Steve Orlofsky)

France's Hollande urges compulsory labelling amid horsemeat scandal

PARIS, Feb 23 (Reuters) - French President Francois Hollande called for compulsory labelling and traceability of meat used in processed foods in Europe to prevent a repeat of the horsemeat scandal. French and German agriculture ministers said on Friday they agreed on the need for origin labelling and would try to find a deal on meat traceability at a meeting of European farm ministers in Brussels on Monday. "There needs to be traceability, that is what I want from talks on a European level," Hollande said on Saturday.
Syndicate content