Ahn Cheol-soo: "The 'Kakao Incident' Should Prompt Legislative Reform for Digital Risk Management Regulation"

Foreseen Need for 'Risk Management' in 2004 Book
"Make Full Use of National Data Policy Committee"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] Ahn Cheol-soo, a presidential candidate of the People Power Party, raised his voice that a large-scale investment and legislative reform for building a digital risk management system must be undertaken in light of the Kakao incident.

On the 17th, Ahn said through his social network service (SNS), "We seem to have become so accustomed to the benefits provided by the digital society that we were inadequately prepared for its risks."

He added, "In response to this incident, the government and the National Assembly must take the lead in large-scale investment and legislative reform to establish a digital risk management system," and "It is also necessary to promptly present to the public ways to more systematically manage and develop the entire digital industry by making full use of the National Data Policy Committee, which was launched last month."

Ahn pointed out, "In the digital era, big tech companies occupy monopolistic positions in various fields such as SNS, finance, and e-commerce with technologies they have preempted. If these growing companies focus solely on market dominance and neglect risk management, even a small accident can immediately lead to inconvenience and suffering for the entire nation," and "Kakao should have considered the risks their technology could bring and paid attention to the accompanying risk management."

He also mentioned that in his 2004 book, CEO Ahn Cheol-soo, What We Need Now, he predicted that "to enter the era of a $20,000 national income, the keywords of knowledge information industry and risk management are essential," and stated, "I will pour all my experience and know-how into developing South Korea into a country possessing a super-gap technology in digital risk management."

This content was produced with the assistance of AI translation services.