The Readable explains:
A decade-long legal battle involving a data breach that affected the majority of the South Korean population concluded last week. The court confirmed a compensation award of $48 million to a credit card company.
The Supreme Court of Korea has rejected the appeal of the defense and ordered the company to pay 62.3 billion won (approximately $48 million), along with compensation for delayed damages, to the corporate plaintiff. This decision comes after the plaintiff’s customer data was stolen in 2013 by an individual employed by the accused firm.
Read more about the history of the case at The Readable. Additional coverage of the case as it developed can be found at DataBreaches.net.
