The government has significantly increased next year's information security budget in response to recent AI (artificial intelligence) hacking incidents targeting the financial sector.
The Ministry of Science and ICT announced on the 6th that it has allocated 523.1 billion won for private-sector information protection next year, a 44% increase from the previous year's 363.4 billion won. This is to respond to the rising AI cyber security threats.
First, to prevent SMEs (small and medium-sized enterprises) with limited investment capacity from being exposed to hacking attacks caused by AI, the government will launch "development of security-specialized AI models" based on independent AI technology. A total budget of 70 billion won has been allocated to the security-specialized model project, for which a Naver consortium was selected.
The budget also includes new projects such as the development of next-generation fundamental security technologies (55 billion won) to upgrade the performance of security-specialized AI models.
In particular, 63.2 billion won has been allocated to the operation of the Korea Internet & Security Agency (KISA) Internet Intrusion Response Center to enable rapid response to immediate emerging security threats, with plans to operate a 24-hour monitoring system for cyber vulnerabilities in domestic companies.
Additionally, 50 billion won will be newly provided to support AI security solution subscriptions for 10,000 SMEs with weak security capabilities.
A Ministry of Science and ICT official stated, "We will build a comprehensive and secure security system so that our citizens can feel safe from the continuously emerging new types of security threats."
in TECH
