KT Corp.'s Q4 operating profit plunged over 60% quarter-on-quarter as the telecom giant booked 230 billion won ($174 million) in one-off compensation costs following a major hacking incident, with further subscriber losses expected in early 2026.
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'Hacking Scandal' Hits KT as Q4 Operating Profit Plunges—Compensation Costs Estimated at 230 Billion Won
KT Corp.'s Q4 operating profit plunged over 60% quarter-on-quarter as the telecom giant booked 230 billion won ($174 million) in one-off compensation costs following a major hacking incident, with further subscriber losses expected in early 2026.
JP Morgan has upgraded F5 Inc. to 'Overweight' and raised its price target, citing an overreaction to last year's hacking incident and highlighting the company's strong crisis response and recovery potential.
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JP Morgan Upgrades F5 to 'Overweight'—Says Hacking Fallout Overdone
JP Morgan has upgraded F5 Inc. to 'Overweight' and raised its price target, citing an overreaction to last year's hacking incident and highlighting the company's strong crisis response and recovery potential.
KT Corp. unveiled a compensation plan for customers affected by unauthorized micro-payments, estimating costs at 450 billion won ($345 million), and ruled out a 'big bath' ahead of its new CEO's appointment.
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KT Estimates Hacking Compensation at 450 Billion Won—No 'Big Bath' Expected
KT Corp. unveiled a compensation plan for customers affected by unauthorized micro-payments, estimating costs at 450 billion won ($345 million), and ruled out a 'big bath' ahead of its new CEO's appointment.
South Korea’s top three telecoms saw Q3 operating profit plunge nearly 40% to 748.3 billion won, hit by hacking fallout and restructuring costs, with further losses expected in Q4.
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Telecom Big Three See Combined Q3 Operating Profit Plunge to 748.3 Billion Won—First Drop Below 1 Trillion Won in Four Years
South Korea’s top three telecoms saw Q3 operating profit plunge nearly 40% to 748.3 billion won, hit by hacking fallout and restructuring costs, with further losses expected in Q4.
South Korea’s Financial Supervisory Service will launch a regular audit of Lotte Card from November 10, advancing its schedule after a major hacking incident, with a focus on internal controls and management oversight.
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LG Uplus Expected to Post Sharp Profit Decline in Q3 on One-Off Costs—When Will Headwinds Ease?
LG Uplus is expected to report a 42% plunge in Q3 operating profit due to one-off retirement costs, with further risks from a recent hacking incident clouding its outlook.
SK Telecom Faces Steep Q3 Profit Decline Amid Fallout from Hacking Incident
SK Telecom is set to report a sharp Q3 profit decline due to hacking-related compensation and record fines, with analysts warning of possible losses and dividend cuts.
KT Corp. CEO Kim Young-seop apologized for lax femtocell management leading to a major hacking incident, signaling possible resignation and pledging compensation for affected customers, as lawmakers demand accountability and comprehensive review of the company’s network security.
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Kim Young-seop, KT CEO – 'I Apologize… Management Was Seriously Lax'
KT Corp. CEO Kim Young-seop apologized for lax femtocell management leading to a major hacking incident, signaling possible resignation and pledging compensation for affected customers, as lawmakers demand accountability and comprehensive review of the company’s network security.
US cybersecurity firm F5 Inc. shares plunged 10% after disclosing a sophisticated hacking incident, with some reports linking the breach to China-backed groups; US authorities have issued urgent security directives.
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F5 Shares Plunge 10% on Hacking Fallout—Some Reports Cite China-Linked Group
US cybersecurity firm F5 Inc. shares plunged 10% after disclosing a sophisticated hacking incident, with some reports linking the breach to China-backed groups; US authorities have issued urgent security directives.
Lotte Card Hacking Incident One Month On—80,000 Customers Cancel Cards and Withdraw Membership
Lotte Card has completed protection measures for 220,000 customers after a hacking incident, with 80,000 card cancellations and no confirmed fraud losses to date.
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