SK Telecom Rejects Government-Backed Compensation Plan for Data Breach Victims

SEOUL, Nov. 20 (Korea Bizwire) —  SK Telecom has decided not to accept a government-recommended settlement that would require the company to pay 300,000 won (about US$220) to each victim of a major personal-data breach, a move that could expose the telecom giant to prolonged civil litigation. According to industry officials on Nov. 20, the company [...]