HIGHData Breach
Global
KR: KT Fined 54 Billion Won Over Data Breach via Illegal Base Stations
·Source: DataBreaches.net
Updated:
Executive Summary
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
Analysis
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