Dongdaemun-gu 'Personal Information Leak During Administrative Procedures' Prompt Relief
Subscription to 1.5 Billion KRW Limit Insurance... Response to Personal Information Leakage Damage
Personal Information Protection Liability Insurance Coverage for One Year Starting August 1
Dongdaemun-gu, Seoul (Mayor Ilpyeong Lee) announced on the 27th that it has enrolled in the "Personal Information Protection Liability Insurance" as of August 1 to strengthen the privacy rights of residents and enhance the level of personal information protection management.
Personal Information Protection Liability Insurance compensates for financial losses incurred when an institution is legally liable to pay damages to a third party due to various cyber risks such as personal information leakage.
With this insurance enrollment, Dongdaemun-gu can promptly activate a relief system in case residents suffer damages due to personal information leakage during administrative work with the district office.
It also provides protection for employees' financial liability arising from unintentional violations of personal information protection laws, thereby establishing a foundation for all employees to perform personal information protection tasks stably.
The insurance coverage limit is up to 1.5 billion KRW, and the coverage period is one year from August 1, 2024. In addition to personal information protection liability, it also includes additional coverage such as information and communication security liability, media liability, cyber extortion, and data asset loss.
An official from the district stated, "Compensation is also possible for recovery support in case of damages caused by information system and communication system failures, hacking, and malicious programs," adding, "We expect the public administrative service system to become more stable in the future."
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Ilpyeong Lee, Mayor of Dongdaemun-gu, said, "Personal information protection is a very important matter directly related to organizational trust and residents' safety," and added, "We will do our best to improve the level of personal information protection management and prevent personal information leakage and infringement incidents."
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