Tag: fine
2 articles
South Korea Slaps KT with $39 Million Fine for 11-Month Data Breach
South Korea's Personal Information Protection Commission has slapped KT Corporation with a hefty $39 million fine for a data breach that went undetected for a staggering 11 months, exposing sensitive info of over 16,647 customers. The penalty, equivalent to KRW 53.979 billion, is a stern reminder of the importance of robust cybersecurity measures.
UK Water Supplier Fined $1.3M for Data Exposure Lapse
A UK water supplier has been slapped with a $1.3 million fine after a devastating cyber attack exposed the personal data of nearly 664,000 customers and employees, with sensitive information even being published on the dark web. The hefty penalty was reduced by 40% after the company admitted liability and cooperated with investigators.