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South Korea Agency Fines SK Telecom $97 Million over Major Data Leak

On Thursday, SK Telecom, South Korea’s largest mobile carrier, was hit with a record fine of around $97 million following a cyberattack that exposed the personal data of close to 27 million users.
The breach stemmed from a June 15, 2022, cyberattack enabled by weak cybersecurity and delayed notification to customers.
South Korea’s data privacy regulator identified significant flaws in SKT’s cybersecurity, including inadequate encryption of USIM authentication keys and poor access management, which led to the exposure of 9.32 GB of USIM-related personal information.
PIPC Chairperson Ko Hak-soo said the fine reflected serious failings and risk scale but was reduced since SKT gained no direct economic benefit.
SK Telecom promised to invest 700 billion won in cybersecurity improvements and offer free SIM replacements while reviewing the sanction carefully.

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Anadolu Ajansı

Right

South Korea imposes record fine on telecom company for user data breach

SK Telecom hit with $97M fine for hacking incident that affected more than 23M users - Anadolu Ajansı

2 days ago·Ankara, Türkiye

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The Register

Center

SK Telecom walloped with $97M fine after schoolkid security

: Regulator points to lack of 'basic access controls' between internet-facing systems, internal network

2 days ago

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Channel News Asia

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The Star Kuala Lumpur

Center

South Korea agency fines SK Telecom $97 million over major data leak

SEOUL :South Korea's SK Telecom was fined on Thursday about 134 billion won ($96.53 million) after the country's largest mobile carrier suffered a cyberattack this year causing the leak of data for nearly 27 million users.The government-run Personal Information Protection Commission announced the punishment i

3 days ago·Singapore

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The Korea Times

Lean Left

SK Telecom fined $97 mil. over April data breach

The Personal Information Protection Committee (PIPC) on Thursday fined SK Telecom 134.8 billion won ($96.9 million) over a massive user data breach...

3 days ago·Korea, Republic of

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연합뉴스-Yonhap News Agency

Lean Right

Skt Fined Krw 134.8 Billion for Leaking Personal Information of 23 Million Users, the Largest Fine Ever.

(Seoul = Yonhap News) Reporter Yang Jeong-woo = The Personal Information Protection Commission has filed a complaint against SK Telecom (hereinafter referred to as SKT), which suffered the worst hacking incident in which personal information of 23 million users was leaked...

3 days ago·Korea, Republic of

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Bloomberg

Lean Left

SK Telecom Fined $97 Million for Breach of Personal Data

South Korea’s largest mobile operator, SK Telecom Co., was hit with a 134.8 billion won ($97 million) penalty after a cyberattack disclosed in April compromised the data of about half of the nation’s population.

3 days ago·United States

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