HIGHData Breach
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Lotte Card given notice of $3M penalty, business suspension over massive data breach
·Source: DataBreaches.net
Updated:
Executive Summary
Yonhap News reports: Lotte Card has been notified by the financial watchdog that it is liable for around 5 billion won ($3.38 million) in financial penalties and a business suspension of over four months over a massive data leak, informed sources said Thursday. The Financial Supervisory Service recently sent the notice to the credit card... Source
Analysis
Yonhap News reports: Lotte Card has been notified by the financial watchdog that it is liable for around 5 billion won ($3.38 million) in financial penalties and a business suspension of over four months over a massive data leak, informed sources said Thursday. The Financial Supervisory Service recently sent the notice to the credit card... Source