Tag: pii breach

KT's Lax Security Exposes 16,647 Users to $175,000 in Unauthorized Micropayments

A shocking security lapse at KT has left 16,647 users vulnerable to unauthorized micropayments totaling $175,000, after a hacker exploited a lost femtocell to breach the company's mobile network. This costly breach has resulted in stolen identities and a hefty penalty for South Korea's largest telecommunications company.