South Korea’s PIPA
One of the strictest data protection regimes in the world, South Korea’s Personal Information Protection Act is supported by sector-specific legislation related to IT and communications networks (the IT Network Act) and the use of credit information (the Use and Protection of Credit Information Act).
Thales eSecurity can help your organization comply with these rules through:
- Data encryption and access control;
- Security intelligence;
- Application encryption.
Breach Notification: PIPA places many obligations on organizations in both the public and private sectors, including mandatory data breach notification to data subjects and other authorities including the Korean Communications Commission (KCC).
Data Security: PIPA imposes a duty on information managers (i.e. data controllers) to take the "technical, administrative and physical measures necessary for security safety … to prevent personal information from loss, theft leakage, alteration or damage."
Official Policy Statement: Organizations are required to establish an official statement of those security measures.
Internal Privacy Officer: An internal privacy officer must be appointed (regardless of the size or nature of the organization) to oversee data processing activities. The internal privacy officer will be held accountable, and be subject to any criminal investigations following a breach.
Article 24(3) of PIPA places express restrictions on the management of unique identifying information, and requires information managers to take "necessary measures, … including encryption," in order to prevent loss, theft, leakage, alteration or damage. Similarly, Articles 25(6) and 29 require "necessary measures" to be implemented to ensure that personal information may not be lost, stolen, altered or damaged.
South Korea also has a track record of enforcement of data protection laws. Chapter 9 of PIPA contains severe sanctions for data security breaches including substantial fines and imprisonment – up to 50 million won in fines and imprisonment of up to five years are potential consequences.
The Vormetric Data Security Platform from Thales eSecurity provides core capabilities that both meet requirements for encryption and provide extended protection for organizations from the strict consequences spelled out under PIPA. Usable across data centers, cloud environments and big data implementations, the platform provides a single, cost-effective solution and infrastructure set to multiple data protection challenges under the law.
With Vormetric Transparent Encryption from Thales eSecurity organizations can lock down data within file systems and volumes using encryption and only allow access to protected information to programs and accounts that require access to the data for their work. Data is only decrypted for these accounts, while system administrators and other privileged users can perform their work but will see only encrypted data blocks. This greatly reduces an organization’s exposure to both insider threats, and outside attacks by hackers – as only a very limited set of accounts and programs can access data.
Vormetric Security Intelligence from Thales eSecurity provides audit log data that enables organizations to quickly identify accounts trying to access protected information (authorized or not) and can be integrated with a Security Information and Event Management (SIEM) system for identification of unusual access patterns by authorized users that may represent a threat.
Vormetric Application Encryption from Thales eSecurity enables organizations to build encryption directly into corporate applications using a standard programming library and set of application interfaces – extending data protection to the web and other custom applications directly.
Other key data protection and security regulations
Philippines Data Privacy Act
The Philippines Data Privacy Act adopts international principles and standards for personal data protection and apply to the processing of personal data across both government and private sector.Learn More
South Korea’s PIPA
One of the strictest data protection regimes in the world, it is supported by two pieces of sector specific legislation related to IT and communications networks and the use of credit information.Learn More
Australia Privacy Act
Australia's Privacy Act establishes a mandatory requirement to notify the Privacy Commissioner and affected individuals of data breaches. It will take effect on February 22, 2018.Learn More
Data Breach Notification Laws
Data breach notification requirements following loss of personal information have been enacted by governments around the globe. They vary by jurisdiction, but almost universally include a “safe harbour” clause.Learn More
Perhaps the most comprehensive data privacy standard to date, GDPR affects any organization that processes the personal data of EU citizens - regardless of where the organization is headquartered.Learn More
As a global payment solutions and commerce enablement leader, Verifone’s strategy is to develop and deploy “best in class” payment solutions and services that meet or exceed global security standards and help our clients securely accept electronic payments across all channels of commerce. We selected Thales HSMs to provide robust security, unmatched performance and superior scalability across our payment security platforms, protecting encryption keys from virtually any attack. This helps Verifone to continue reducing merchants’ growing exposure to data breaches and cyber criminals and more aggressively safeguard consumer information… Joe Majka,Chief Security Officer