Market Chatter: SK Telecom CEO Warns of Potential Leak Subscribers' USIM Data Amid Cyberattack

MT Newswires Live

05/01

SK Telecom (KRX:017670) said it is preparing for the worst-case scenario in which all 25 million customers' universal subscriber identity module (USIM) data was compromised in an April 18 cyberattack, Yonhap News reported Wednesday, citing CEO Ryu Young-sang during a parliamentary session.

Calling it possibly South Korea's worst-ever telecom hack, Ryu admitted to delayed reporting and procedural lapses, as the breach was reported to authorities two days after discovery, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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