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What's Going On With SK Telecom Shares Monday?

Benzinga · 04/28 18:54

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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.

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.

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