South Korea’s SK Telecom has been fined approximately $97 million following a significant cyberattack that resulted in the data leak of nearly 27 million users. The Personal Information Protection Commission criticized the company for inadequate safety measures and delayed notifications to customers, noting that the company’s systems were poorly maintained and vulnerable. In response, SK Telecom acknowledged its responsibilities and announced plans to invest about $700 million over five years to enhance data protection. This incident highlights the critical need for robust cybersecurity protocols in the telecommunications sector to safeguard sensitive user information.