Investor Presentaiton

360 South Korea 109 Intelligence Service asked for permission to resume the practice. Messages sent by e-mail (after submission and receipt) are already considered by law enforcement authorities as "objects," subject to ordinary search and seizure requirements, rather than "means of communications" requiring wiretapping warrants and notification to parties within 30 days. ONI Testing Results 110 OpenNet Initiative testing conducted in 2010 found levels of filtering consistent with those of 2007-2008 testing: filtering in South Korea primarily targets social content and content related to conflict and security, particularly regarding North Korea. In November 2010, ONI conducted testing on KT Corporation (formerly Korea Telecom), the biggest South Korean ISP. This testing found a select number of blocked Web sites, with the majority of blocked sites focused on issues related to North Korea. Additional blocking occurred with sites focused on dating, pornography, and gam- bling. These findings are closely consistent with the results of 2007-2008 ONI testing, with a marginal increase in the blocking of sites related to North Korea. New sites that were found to be blocked include North Korea's Twitter feed; however, a North Korea-focused YouTube channel and related Facebook pages were found to be accessible. The method of blocking used by KT Corporation differed from past test results, although those results included the testing of additional ISPs not tested in this phase. While previous testing showed evidence of IP blocking and DNS tampering, the results of 2010 testing showed that filtering was carried out through HTTP Proxy blocking. Attempts to view these Web sites were redirected to a "block page" jointly hosted by Korea's National Police Agency and the KCSC. In 2010, ONI testing found results consistent with those seen in 2007-2008, with evidence of filtering social content and content related to conflict and security. Although the overall rate of filtering is generally low, it is primarily targeted at content related to North Korea. In addition, the government's approach to regulating content is far more reliant on other measures, such as real-name registration, takedown orders, and laws prohibiting defamation and libel. Conclusion South Korea has one of the most advanced and connected Internet networks in the world. Its Internet speeds are the fastest, and its usage rates the highest. Nevertheless, South Korea's government imposes more constraints on the freedom of online speech than most other democratic countries. The wide range of information blocked, from elections-related discourse to discussion about North Korea, is subject to central

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