Will questions on KT payment scam be resolved after arrest of suspects?

The KT payment fraud issue seems far from resolved, even after suspects were arrested due to a series of unauthorized mobile payment fraud cases that targeted the company's users. The telecoms industry is closely watching whether the lingering questions over the unprecedented use of rogue cellular base stations, which alarmed the public, will be answered. According to KT on Thursday, a total of 362 users have been affected, with the accumulated damages totaling 240 million won ($173,000), both figures up from last week’s announcement. “Since blocking suspicious payment attempts on Sept. 5, there were no additional cases reported,” Koo Jae-hyung, head of KT's Network Technology Division, said during a press briefing at its headquarters in Seoul. “As we expanded investigations on all payment attempts before the block, the number of victims increased by 84 from the previous announcement, and the total damages grew by 70 million won to 240 million won.” The company also said the number of KT users whose personal information — including their international mobile subscriber identitWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times