South Korea Fines Telco Giant KT $39 Million for Customer Data Breach
10 Articles
10 Articles
PIPC Imposes 54 Billion Won Fine on KT… “Negligence in Managing Internal Network Access and Control”
The Personal Information Protection Commission has imposed a fine of approximately 54 billion won on KT, which caused customer personal information leaks and damages from unauthorized micropayments due to negligent femtocell management. The Commission announced on the 30th that it held its 15th plenary meeting on the 29th and decided to impose a fine of 53.979 billion won on KT for violating the Personal Information Protection Act, as well as is…
(Seoul = Yonhap News) Reporter Park Hyung-bin = KT [030200] was fined approximately 53.9 billion won by the Personal Information Protection Commission in connection with a personal information leakage incident...
KR: KT Fined 54 Billion Won Over Data Breach via Illegal Base Stations
Two years after a malware incident that was not handled in accordance with South Korea’s requirements, KT has been fined. Lee Jin-seok reports: KT has been fined more than 53.9 billion won [USD $37,630,484.43] over a personal data breach and unauthorized micropayment damages caused by the exploitation of illegal small base stations (femtocells). The government... Source
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