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SK Telecom Announces Security Response Plan Following Hack, 700 Billion Won Investment Over 5 Years

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SK Telecom has unveiled comprehensive countermeasures following a recent major hacking incident, with CEO Yoo Young-sang announcing the waiver of termination fees for affected customers and a massive 700 billion won security investment plan over the next five years. Immediate Customer Support Measures In response to the data breach that compromised customer information, SK Telecom has implemented direct compensation measures for affected users. The decision to waive termination fees for customers who wish to cancel their services represents a significant step toward minimizing customer burden during this crisis. The company has also initiated a comprehensive system-wide security audit to accurately assess the extent of the damage and prevent future incidents. Unprecedented Security Investment The announced 700 billion won security investment over five years represents the largest commitment of its kind among South Korean ...