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South Korea launches MyData initiative, starting with healthcare, telecom sector

( March 13, 2025, 02:57 GMT | Official Statement) -- MLex Summary: South Korea launched its MyData initiative today, implementing a phased approach that begins immediately with the healthcare and telecommunications sectors. According to the Personal Information Protection Commission, the data-portability framework allows individuals to control and transfer their personal information to service providers of their choice, with the energy sector scheduled to join in June 2026, followed by expansion to seven other key sectors. The nationwide implementation follows the 2023 amendment to the Personal Information Protection Act and aims to empower individuals with greater control over their personal data while fostering cross-sector data integration that promises to transform and innovate the country's data economy.The statement, in Korean, is attached....

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