25,000,000 Customers’ Personal Information At Risk As Telecom Giant Discovers Malware for Mass SIM Swapping

A telecom giant offers 25 million people free SIM cards after a huge hack has endangered the sensitive personal information of his customers.

SK Telecom, the largest mobile provider in South Korea, recognized in one Security message That the personal data of its customers were exposed during a malware attack on the company.

The company said in an announcement last month that “no cases of abuse of the information have been confirmed so far.” Local publication Korea Joongang Daily Reports that some customers of SK Telecom have discovered money stolen from their bank accounts after the hack incident.

The police said that a man had learned three days after the hack that his mobile plan with SK Telecom had suddenly been canceled and that the employees of the company in a service center was told by the business center that someone had registered for a budget plan with another provider who used his name.

Shortly thereafter, the man discovered that 50 million Korean won – about $ 34,000 – from his bank account was stolen by unknown people in five separate transactions. He then called the police and asked his bank to freeze his account.

Victims of the hack have formed an organization that is looking for collective action for SK Telecom and demand a full investigation into the attack.

The group, called the “SKT USIM Hacking -Judic reaction”, told Korea Joongang Daily that they believe that the worst still comes from the data breach and that the telecom giant reaction to the accident has been underwhelming.

“The leaked information can lead to serious secondary damage with financial, social networks and other services that depend on the authentication of mobile telephone number … SK Telecom’s answer has been extremely insufficient.

The scope and extent of the damage have not been clearly revealed, which has strengthened the fear and confusion of users. “

SK Telecom then offered free SIM cards for all 25 million customers.

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However, the company now says that it is only able to get 6 million SIM cards for the entire month of May, which means that it will take some time before it goes through its compensation plan.

The company says in one update

‘[SK Telecom] Currently 1 million Sims and plans to secure 5 million more Sims at the end of May. However, since many customers come at the same time and the waiting times are expected to be long, check in advance via the online reservation request system. “

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