Seoul, May 7 (IANS) SK Telecom, South Korea’s leading mobile carrier, said on Thursday its net profit fell 12.5 per cent from a year earlier as the company continued to deal with the aftermath of a massive data breach last year.Net income came to 316.4 billion won (US$218 million) in the first three months of this year, down from 361.6 billion won a year ago, the company said in a regulatory filing, reports Yonhap news agency.Operating profit for the January-March period fell 5.3 percent on-year…
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Seoul, Feb 5 (IANS) SK Telecom, South Korea’ leading mobile carrier, said on Thursday its annual net profit plunged 73 per cent from a year earlier in 2025 due mainly to massive compensation costs following a data breach that affected its entire 25 million-user base.The company posted net profit of 375.1 billion won ($255.6 million) last year, compared with a profit of 1.39 trillion won in 2024, the company said in a regulatory filing. Its operating income fell 41.1 percent on-year to 1.07 trill…
Seoul, Jan 14 (IANS) South Korean cybersecurity authorities estimate that around 9.6 million accounts may have been affected by a recent cyberattack at Kyowon Group, a local education service provider, informed sources said on Wednesday.The estimate by a government investigation team that includes the Korea Internet & Security Agency comes after Kyowon Group reported a possible breach on Monday, saying it had detected traces of a ransomware attack, reports Yonhap news agency.Kyowon said it b…