Joonsop Kim

ARam Kim

H.J. Kim

Hoji Kim

Hong-sik Kim

Jae-min Ahn

Jeong Jisoo

Seung Woong Lee

Sung Hwan Seok

Sun Jung Lee

- South Korea's Personal Information Protection Commission (PIPC) imposed a record fine of approximately **$97 million** on SK Telecom due to a major data breach that affected around **23 million users**.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]** 
- The breach, which exposed sensitive information like phone numbers and USIM data, occurred between 2021 and 2023 and was attributed to SK Telecom's poor security practices, including a failure to update vulnerable systems and inspect servers after earlier unauthorized access.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]** 
- In response, SK Telecom has committed to a comprehensive compensation and cybersecurity investment plan worth over **1 trillion won** and temporarily suspended new subscription services for two months.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]** 
- The PIPC has mandated SK Telecom to strengthen its data protection measures and restructure its governance to ensure privacy oversight.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]**

SK Telecom Fined for Data Breach

SK TELECOM CO (SKM)