Lotte Card CEO Cho Jwa-jin said she will announce an investment plan by the end of the year for a 110 billion won budget to be put into information protection over five years.
Cho said at the National Policy Committee's parliamentary audit on the afternoon of the 14th, "We are drawing up a plan for investment in information protection and are conducting specific consulting," adding, "By the end of the year, I intend to make an official report to the board as a separate agenda item."
On Aug. 14 in the afternoon, Lotte Card suffered a hack that leaked internal files. The size of the leak was about 200GB (gigabytes), and 2.97 million people were affected.
In this hack, some members' resident registration numbers, CVCs (three-digit numbers on the back of cards), and internal identification numbers were leaked. In response, Lotte Card pledged 110 billion won in information security investment over the next five years.