South Korea's ICT Minister Calls for Tighter Security Measures After KT's Data Breach
MT Newswires Live
Sep 11
South Korea's Science and ICT Minister Bae Kyung-hoon visited KT's (KRX:030200) Gwanghwamun branch on Thursday to inspect the telecommunication giant's response to a recent unauthorized small-payment breach and called for stringent measures to prevent such occurrences in the future.
Bae told KT to fully cooperate with a joint public-private investigation into what led to the incident and urged the company to exclude affected customers from billing charges, according to a Science Ministry release the same day.
Shares of KT rose nearly 1% in recent trade.
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