SK Telecom ordered to pay $67 in compensation to each hacking victim
Nikkei Asia
SK Telecom must compensate 58 users $67 each following a data breach affecting over 20 million customers.Summary
South Korea's consumer agency has ordered SK Telecom to compensate 58 users who filed a class action lawsuit after a recent hacking incident. The compensation will be 100,000 won ($67) per applicant, consisting of cash points and mobile phone bill discounts. This follows a 134 billion won ($90 million) fine imposed in August after a cybersecurity breach leaked data for over 20 million users. The agency is requesting SK Telecom to compensate all victims, estimating a total cost of nearly 2.3 trillion won ($1.5 billion), and has given the company 15 days to respond to the order.
(Source：Nikkei Asia)