SK Telecom said the sharp decline stemmed from compensation and recovery costs following a large-scale cyberattack disclosed in April that exposed the personal data of about 27 million customers.
The company said the breach exposed contact information and inquiry details from users of its online stores — Askul, Lohaco and Soloel Arena — as well as supplier data stored on its internal servers.
The U.K.'s water suppliers have reported five cyberattacks since January 2024, according to information reviewed by Recorded Future News. The incidents did not affect the safety of water supplies, but they highlight an increasing threat.
The University of Pennsylvania is investigating an email that was sent out to thousands of current and former students on Friday afternoon containing offensive language and threats of a data breach.
An FCC ruling issued days before Donald Trump took office was an "ineffective response" to the Salt Typhoon intrusions into U.S. telecom networks, the agency's new leadership said in announcing plans to rescind it.
In this GCN article, Staffan Truvé, CTO and Co-Founder at Recorded Future, explores how machine learning is speeding the processing of cybersecurity data.