Revisions to Digital Signature Act leads to competition in online verification
- 4 years ago
전자서명법 본회의 통과로 달라지는점
21 years since being introduced and after so many twists and turns, the South Korean government's official certificate authentication system will be phased out.
Lawmakers approved a bill to amend the Digital Signature Act on Wednesday ending the use of online authorization certificates and opening the door to various digital signatures to compete freely with one another.
Our Kim Do-yeon reports.
Following changes made to the Digital Signature Act, Korea's current online certification tool, the 'public certifications' will face competition from privately-developed systems from November this year.
The public certification, which is required for online banking transactions or for filing tax returns, have been the cause of complaints by some members of the public.
"Moving the certification from one system to another for different tasks like banking was a big hassle, and it required a long password."
Some of the complaints were that the system was outdated, required constant software updates and that certificates needed to be renewed every year.
In response, throughout the past few years, changes have been made to allow some industries such as online shopping to authorize its users without the need for the public certifications.
Currently, some of the emerging authorization services for online shopping are Kakao Pay, Bank Sign, and Pass... but many other services will be available soon.
"The public certifications were known to be secure. The question is whether we will still have the same security with these new methods. Enforcing the new law for security standards is key."
Meanwhile, one citizen told us that any trepidation for new systems will soon disappear.
"I am scared of exposing my information. But seeing as though I was scared at first to use Kakao Bank and have no fear about it now, I feel like they'll just become part of our daily lives."
"The current public certifications are usable until they expire, after which, people can make a new certificate using the simpler authorization and renewal system being developed by the Korea Financial Telecommunications and Clearings Institute."
Kim Do-yeon, Arirang News
21 years since being introduced and after so many twists and turns, the South Korean government's official certificate authentication system will be phased out.
Lawmakers approved a bill to amend the Digital Signature Act on Wednesday ending the use of online authorization certificates and opening the door to various digital signatures to compete freely with one another.
Our Kim Do-yeon reports.
Following changes made to the Digital Signature Act, Korea's current online certification tool, the 'public certifications' will face competition from privately-developed systems from November this year.
The public certification, which is required for online banking transactions or for filing tax returns, have been the cause of complaints by some members of the public.
"Moving the certification from one system to another for different tasks like banking was a big hassle, and it required a long password."
Some of the complaints were that the system was outdated, required constant software updates and that certificates needed to be renewed every year.
In response, throughout the past few years, changes have been made to allow some industries such as online shopping to authorize its users without the need for the public certifications.
Currently, some of the emerging authorization services for online shopping are Kakao Pay, Bank Sign, and Pass... but many other services will be available soon.
"The public certifications were known to be secure. The question is whether we will still have the same security with these new methods. Enforcing the new law for security standards is key."
Meanwhile, one citizen told us that any trepidation for new systems will soon disappear.
"I am scared of exposing my information. But seeing as though I was scared at first to use Kakao Bank and have no fear about it now, I feel like they'll just become part of our daily lives."
"The current public certifications are usable until they expire, after which, people can make a new certificate using the simpler authorization and renewal system being developed by the Korea Financial Telecommunications and Clearings Institute."
Kim Do-yeon, Arirang News