SEOUL, Jan. 7 (Korea Bizwire) — South Korean authorities warned on Wednesday that personal data stolen from at least 21 domestic medical and educational institutions, as well as online shopping platforms, appears to have been sold online, underscoring growing concerns over a sustained wave of cyberattacks targeting sensitive information. The Ministry of Science and ICT and [...]
SEOUL, Jan. 4 (Korea Bizwire) — More than 50,000 customers of KT Corp., South Korea’s second-largest mobile carrier, have canceled their subscriptions after the telecom company began waiving early termination penalties following a major data breach, industry sources said Friday. According to the sources, 52,661 KT users moved to rival carriers between Wednesday and Saturday. [...]
SEOUL, Dec. 10 (Korea Bizwire) — South Korea’s privacy regulator on Wednesday ordered Coupang Inc. to revise its liability exemption clause for data breaches and simplify its membership cancellation process. The Personal Information Protection Commission (PIPC) issued the instruction after reviewing the company’s terms of service, membership policy and follow-up measures in the wake of [...]
SEOUL, Dec. 1 (Korea Bizwire) — Days after Coupang disclosed a data breach affecting some 33.7 million customer accounts, users say they remain in the dark about what personal information was compromised, fueling anger and confusion surrounding one of South Korea’s largest-ever privacy failures. Coupang announced on Nov. 29 that names, email addresses, phone numbers, physical [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean online platforms were seen carrying out emergency reviews of their data protection status, with Coupang Inc. widely expected to face major fines following a data breach, sources said Monday. On Saturday, the U.S.-listed e-commerce giant said personal information of 33.7 million customers has been compromised, far higher [...]
SEOUL, Oct. 1 (Korea Bizwire) — In the wake of a string of high-profile data leaks, an overwhelming majority of South Koreans say they view such incidents as a serious threat and support adopting punitive damages similar to those in Europe and other advanced economies, a new poll shows. According to a Realmeter survey of 500 [...]
SEOUL, Sept. 22 (Korea Bizwire) — Prime Minister Kim Min-seok said Monday the government will overhaul data protection systems at telecoms and financial companies following a series of security breaches at mobile carriers and a credit card issuer. Kim made the remark during an emergency government meeting convened to discuss responses to the hacking incidents [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s science ministry said Tuesday it has opened an official investigation into claims by an international hacking group that it is attempting to sell personal data purportedly stolen from SK Telecom, the nation’s largest mobile carrier. The probe follows a post on the Telegram channel of Scattered Lapsus$, [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s telecom watchdog on Thursday ordered SK Telecom Co. to partially waive cancellation fees for non-mobile services following a major data breach that affected its 25 million mobile service users. The move came after the country’s top carrier decided to limit the waiver of cancellation fees to mobile [...]
SEOUL, July 4 (Korea Bizwire) — Louis Vuitton has become the latest luxury brand in South Korea to suffer a data breach, according to the company Friday, following recent similar cases involving Dior, Tiffany and Cartier in the country. In a notice posted on its website, Louis Vuitton Korea informed customers that a third-party entity [...]