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7 Articles
SK Telecom To Be Fined by South Korean Government for Delayed Data Breach Report Affecting 25 Million Users | 📲 LatestLY
The South Korean government said on Friday it will fine SK Telecom for belatedly reporting a data breach affecting all 25 million users and ordered it to waive customer cancellation fees, wrapping up its two-month probe into one of the worst data leak cases in the country's history. 📲 SK Telecom To Be Fined by South Korean Government for Delayed Data Breach Report Affecting 25 Million Users.
SK Telecom should exempt early termination fees over customer data breach: South Korean government
The government said on Friday that SK Telecom (SKT) should exempt early termination fees for users who have switched to other mobile carriers following a massive customer data breach at the company. As the government’s announcement is a guideline, it is up to the company to decide whether to comply. SKT expects the exemption could lead to a departure of up to 2.5 million customers, potentially costing the company 250 billion won ($183 million). …
[Digital Daily Reporter Oh Byeong-hun] The government has decided that it is possible to exempt subscribers from service cancellation penalties due to the SK Telecom hacking incident. Considering that SK Telecom is significantly at fault, this is in accordance with the legal advice that it falls under the ‘penalty exemption’ reason under SK Telecom’s terms and conditions. On the 4th, the Ministry of Science and ICT (MSIT) announced the final res…
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