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Minister of Information and Communication Technology threatens SK Telecom with penalties for late reporting on SIM card hacking incidents.

Science Minister Yoo Sang-im issues grim warning to SK Telecom: Delayed disclosure of SIM hacking incident could lead to severe penalties within a day.

Minister of Information and Communication Technology threatens SK Telecom with penalties for late reporting on SIM card hacking incidents.

Fresh Take:

Let's dive into the latest scoop about SK Telecom, Korea's leading telecom giant. After a sneaky hacking incident, they've been losing customers left and right, but here's the lowdown on what's been going down!

Scoop on the Hacking Brouhaha

First things first, let's talk about what went down. SK Telecom got hit by hackers on April 19, and these cyber punks deployed some nasty malware. The aftermath? Customer data related to SIM cards got leaked. No worries though, SK Telecom's got its tech squad working round the clock to delete the malware and quarantine the infected systems.

SK Telecom's Response

In typical corporate fashion, SK Telecom's shoulders the blame, offering free USIM replacements to its gigantic 23 million customers, as well as a nifty SIM protection service to keep SIM swapping at bay.

The Great Exodus

Now, for the big news. Over 34,000 customers bid SK Telecom a fond farewell, moving to rival carriers KT and LG U+. Guess who gained the most new subs? KT, with a whopping 21,343 users joining their happy family.

Customers in a Pickle

Many customers are struggling to get their hands on replacement SIM cards due to inventory shortages and logistical snafus, especially those who can't swing by stores during the weekdays. Bummer!

Broader Implications

Oh, and folks, this isn't just SK Telecom's problem. The Korean government's taking a keen interest, ordering a thorough review of South Korea's data protection system. Could this lead to a ripple effect across the country's cybersecurity practices? Only time will tell!

As for SK Telecom, they're still short on replacement USIM cards, initially having less than 5% of the necessary chips. But they're taking steps to stock up by the end of May. Phew! Let's hope they manage to turn this tide before it's too late!

Sources:

  1. JoongAng Ilbo
  2. SK Telecom press release
  3. SK Telecom tech support forums
  4. Government news conference
  5. Competitor market share reports
  6. The recent hack on SK Telecom, a major player in the telecom industry, has prompted the South Korean government to conduct a comprehensive review of the country's data protection system, raising questions about potential broad implications for cybersecurity practices.
  7. In response to the hacking incident, SK Telecom, Korea's leading telecom giant, has taken responsibility, offering free USIM replacements to its 23 million customers and a SIM protection service to prevent SIM swapping.
  8. Following the cyberattack, over 34,000 customers have chosen to switch to rival carriers KT and LG U+, with KT gaining the most new subscribers with 21,343 users.
  9. The exodus of customers is causing problems for those trying to get their hands on replacement SIM cards, as inventory shortages and logistical issues have made it difficult, especially for those who can't visit stores during the weekdays.
  10. The Ilbo, a general news outlet, has been covering the story along with information from SK Telecom's press release, tech support forums, and government news conferences.
  11. As SK Telecom continues to struggle with the shortage of replacement USIM cards, initially possessing less than 5% of the necessary chips, they are taking measures to increase their supply by the end of May, hoping to turn the tide before it's too late.
Yoo Sang-im, Minister of Science and ICT, issues stern warning: Delay in reporting SIM hacking incident by SK Telecom may lead to severe penalties.

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