KT Corp. will recognize costs for free USIM card replacements in Q4 as part of its compensation for the recent unauthorized micro-payment incident, with additional customer support measures also under review.
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KT to Recognize USIM Replacement Costs in Q4
KT Corp. will recognize costs for free USIM card replacements in Q4 as part of its compensation for the recent unauthorized micro-payment incident, with additional customer support measures also under review.
MBK Partners, Lotte Card’s largest shareholder, emphasized its ongoing commitment to boosting security and IT investments, refuting claims that underinvestment or excessive dividends contributed to the recent data breach affecting 2.97 million customers.
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MBK Says Lotte Card Expanding Annual Security and IT Investments—Dividend Payout Remains Stable
MBK Partners, Lotte Card’s largest shareholder, emphasized its ongoing commitment to boosting security and IT investments, refuting claims that underinvestment or excessive dividends contributed to the recent data breach affecting 2.97 million customers.
President Lee Jae-myung has ordered a full investigation into KT's micro-payment hacking incident, demanding accountability for any cover-up and urging stronger security measures as damages reach 170 million won ($124,000).
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President Lee Orders Full Probe into KT Micro-Payment Hacking Incident, Calls for Accountability over Alleged Cover-Up (Comprehensive)
President Lee Jae-myung has ordered a full investigation into KT's micro-payment hacking incident, demanding accountability for any cover-up and urging stronger security measures as damages reach 170 million won ($124,000).
Billionaire Paul Tudor Jones - 'AI Poses Existential Threat to Humanity, Regulation Needed'
Billionaire investor Paul Tudor Jones warns of AI's existential threat to humanity, calling for increased regulation and security measures in CNBC interview
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