AT&T, Verizon and T-Mobile are under scrutiny as fines for personal data leaks could reach up to $100 million. Recent incidents in South Korea have set a precedent for imposing significant financial penalties on telecom companies. In one case, a company was fined approximately $97 million for failing to protect customer information, with an additional administrative penalty imposed. This serves as a warning to telecom giants to prioritize data security and privacy measures.
In light of these developments, telecom companies are urged to invest in personal information protection and prioritize the role of Chief Privacy Officers and dedicated privacy teams in corporate management. The repercussions of data breaches are severe, and it is crucial for companies to take proactive measures to safeguard customer data.
We hope this incident serves as a reminder for companies that process large volumes of personal data to view the personal information protection budgets as an essential investment. We also expect it will raise awareness of the role and importance of CPOs and dedicated privacy teams in corporate management.
– PIPC Chairperson Ko Hak-soo, August 2025
"Iconic Phones" is coming this Fall!
Good news everyone! Over the past year we've been working on an exciting passion project of ours and we're thrilled to announce it will be ready to release in just a few short months.
"Iconic Phones: Revolution at Your Fingertips" is a must-have coffee table book for every tech-head that will bring you on a journey to relive the greatest technological revolution of the 21st century. For more details, simply follow the link below!
