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South Korea Faces Major Cyberattacks, Millions Affected

9/20/2025

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Summary

Story summary

South Korea's Ministry of Science and ICT and Financial Services Commission responded to recent cyberattacks on telecommunications and finance.
Vice Minister Ryu Je-myung called for a thorough investigation into KT Corp's unauthorized micropayment scandal.
Data breaches affected at least 362 individuals, resulting in damages of approximately 240 million won ($172,000).
Lotte Card reported a breach impacting 2.97 million customers, exposing sensitive payment data.
KT confirmed server intrusions affecting 20,030 customers and leading to fraudulent micropayments.

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Story summary

South Korea's Ministry of Science and ICT and Financial Services Commission responded to recent cyberattacks on telecommunications and finance.
Vice Minister Ryu Je-myung called for a thorough investigation into KT Corp's unauthorized micropayment scandal.
Data breaches affected at least 362 individuals, resulting in damages of approximately 240 million won ($172,000).
Lotte Card reported a breach impacting 2.97 million customers, exposing sensitive payment data.
KT confirmed server intrusions affecting 20,030 customers and leading to fraudulent micropayments.