SK Telecom unveils $700B cybersecurity upgrade
With the new plan, SK Telecom will follow NIST cybersecurity standards and build a world-class protection system.
SK Telecom has announced a major cybersecurity initiative worth KRW 700 billion, designed to restore trust and enhance information security after a recent incident.
The company’s new programme, called the Accountability and Commitment Program, includes four elements to protect customers and reinforce transparency.
A central part of the initiative is the Information Protection Innovation Plan, which involves a five-year investment to build a world-class cybersecurity system.
The project will follow the US National Institute of Standards and Technology’s Cybersecurity Framework and aims to position SK Telecom as Korea’s leader in information security by 2028.
To further support affected customers, the company is upgrading its Customer Assurance Package and introducing a Customer Appreciation Package to thank users for their patience and loyalty.
A subscription cancellation fee waiver has also been included to reduce friction for those reconsidering their service.
SK Telecom says it will maintain its commitment to customer safety and service reliability, pledging to fully address all concerns and enhance security and service quality across the board.
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