Korea Joongang Daily
Korea JoongAng Daily

Lotte Card given notice of $3M penalty, business suspension over massive data breach

Lotte Card has been notified by the financial watchdog that it is liable for around 5 billion won in financial penalties and a business suspension of over four months over a massive data leak, informed sources said Thursday.

2026-04-09

Lotte Card fined 9.6 billion won for leaking users' social registration numbers

Lotte Card was fined 9.6 billion won ($6.5 million) by the Personal Information Protection Commission (PIPC) after 450,000 users' social registration numbers were leaked.

2026-03-12

Number of personal info leaks may reach all-time high, already at 311 cases as of September

The number of personal information leaks reported in Korea in the first three quarters of this year has already surpassed the total reported for all of last year, raising concerns that this year could see an all-time high of such incidents.

2025-12-09

Investigation launched into Lotte Card hacking incident

The Personal Information Protection Commission has launched an investigation into the Lotte Card hacking incident that exposed the personal data of 2.97 million customers.

2025-09-22

Lotte Group brand hit by Lotte Card hack, despite no longer being major shareholder

Lotte Group is reeling from reputational damage stemming from the recent hacking incident at Lotte Card — despite the company no longer being part of the group.

2025-09-21

FSC plans to introduce fines for security breaches in wake of Lotte Card hack

The Financial Services Commission (FSC) announced plans to swiftly introduce punitive fines for security breaches in the financial sector following the massive data leak at Lotte Card. It also pledged to develop a comprehensive security strategy.

2025-09-19

Lotte Card confirms data breach affecting nearly three million customers

Lotte Card, majority-owned by private equity firm MBK Partners, confirmed on Thursday that a hacking incident exposed the personal information of 2.97 million customers and issued a formal apology.

2025-09-18

Lotte Card says breach affects nearly 3 million customers

Lotte Card's latest data breach has affected 2.97 million cardholders, CEO Cho Jwa-jin confirmed Thursday in a press briefing, promising to fully compensate those affected.

2025-09-18

Lotte Card hack may have exposed information on millions of customers, investigators say

A data breach at Lotte Card may have exposed the personal information of millions of customers, far exceeding initial estimates and sparking fears of one of Korea’s largest financial security incidents in years.

2025-09-17

Watchdog orders Lotte Card to compensate victims of hack

Lotte Card is ordered to establish a call center for hacking victims and ensure full compensation for unauthorized transactions following a data breach.

2025-09-02