KT Chief to Resign After Cybersecurity Breach Resolution

Kim Young-shub, KT’s representative, said regarding the unauthorized micro-payment incident, “I will take responsibility once the situation is resolved,” effectively signaling his intention to step down from his position.

During a National Assembly Science, ICT, Broadcasting and Communications Committee audit held on the 21st, he bowed his head in response to questions about responsibility for cybersecurity breaches, stating, “The top executive bears overall responsibility.” He added, “Once the situation is appropriately resolved, I will take due responsibility.” When asked whether his remarks

about responsibility implied resignation, he replied, “I can confirm that this responsibility includes stepping down,” clarifying his intention to resign as demands for his resignation intensified amid growing damage from the incident. This marked the first time Kim publicly addressed his resignation. Read more at The Chosun Daily.