As railway signaling system is computerized, the significance on safety demonstration and assessment has been increased. Therefore, railway signaling system should reflect the needs for safety assessment technique. Various studies on safety assessment technique for railway signaling have been made in Europe and standardization of the requirements for safety acceptance has been initiated by IEC. In order to develop and establish the safety assessment techniques for railway signaling in Korea, we try to review safety assessment activities for signaling system via reviewing relevant case studies and consulting with experts. And also we propose the safety assessment activity/methodology for Korean railway signaling system.