South Korea reports new data breach as telecom firm fined

South Korea reports new data breach as telecom firm fined

Louis Vuitton hit by third-party data access; SK Telecom faces penalties after breach affecting 20 million users

By Anadolu staff

South Korea on Friday reported another data breach as a luxury brand suffered a cybersecurity incident, while the government fined a telecom firm over a separate breach, according to Yonhap News Agency.

Louis Vuitton has become the latest target after a third party temporarily accessed its systems on June 8, leaking some customer information.

The company confirmed the incident and said it learned of the cybersecurity breach on Wednesday.

The compromised data may include names, contact details, and other personal information provided by customers. However, the company emphasized that no financial details such as passwords or credit card numbers were affected.

In May, another brand, Dior, apologized after discovering a breach that occurred in January, while Tiffany & Co. also reported a data leak in April.

In April, South Korea’s largest telecom provider, SK Telecom, disclosed the breach of personal data belonging to more than 20 million users, one of the largest cyberattacks in the country’s history.

On Friday, the South Korean government said it will fine the company over its failure to protect users’ data and to report malware infections to the relevant authorities in a timely manner.

The Ministry of Science and ICT said it will impose a fine of less than 30 million won (US$21,600) and refer the company for further investigation over its alleged violation of a data preservation order, according to Yonhap.

Kaynak:Source of News

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