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SK Telecom Co., Ltd. (NYSE:SKM) shares are trading lower on Monday. The company reported a data breach due to a cyberattack.
What To Know: According to Reuters, SK Telecom, South Korea's largest mobile carrier, disclosed that a large-scale leak of customer data caused by malware occurred earlier this month.
In a statement, SK Telecom said the company would take full responsibility for any harm caused as a result of the April 18th breach.
The company announced it will begin offering free universal subscriber identity module (USIM) replacements to all 23 million users starting on Monday.
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SKIM Price Action: At the time of writing, SK Telecom shares are trading 6.05% lower at $21.07, according to data from Benzinga Pro.
Image: This illustration was generated using artificial intelligence via Midjourney.
Posted In: SKM
