Source: Bloomberg
Summary
South Korea’s Personal Information Protection Commission fined Lotte Card Co. 35.1 billion won ($28.7 million) for a data breach affecting over 30 million customers. The fine is the largest ever imposed by the commission. The breach occurred in 2021 and involved the theft of customer data, including names, addresses, and credit card numbers.
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The update arrives with confidence.
Lotte Card Co. got hit with a record-breaking fine for a data breach that affected over 30 million customers. The breach happened in 2021 and included the theft of customer data, including names, addresses, and credit card numbers. Because what’s a few million customers’ data between friends? The fine is the largest ever imposed by South Korea’s Personal Information Protection Commission. Lotte Card Co. is probably thrilled to be a part of this milestone. One thing is certain – 30 million customers are having a great day.
Author: Evan Null
