LG Uplus to ramp up cybersecurity with $503 mil. investment

LG Uplus plans to invest about 700 billion won ($503.2 million) over the next five years to strengthen its cybersecurity capabilities, the mobile carrier said Tuesday. Since establishing a task force dedicated to information security in 2023, the company has been reinforcing its security system around three core pillars: security governance, security prevention and security response. “This year alone, the company plans to invest between 120 and 130 billion won in data protection and will continue to invest at least 120 to 150 billion won each year going forward,” Hong Kwan-hee, LG Uplus’ chief information security officer, said during a press conference at the company’s headquarters in Seoul's Yongsan District. "We will focus most on building zero trust, while also investing in AI (artificial intelligence), privacy compliance and encryption.” According to the Korea Internet & Security Agency, the company invested about 82.8 billion won in data protection in 2024, a 31.1 percent increase from the previous year, with plans to raise that by 30 percent again this year. Since last NoWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times