Tag: personal information protection commission
2 articles
South Korea Slaps KT with $39 Million Fine for 11-Month Data Breach
South Korea's Personal Information Protection Commission has slapped KT Corporation with a hefty $39 million fine for a data breach that went undetected for a staggering 11 months, exposing sensitive info of over 16,647 customers. The penalty, equivalent to KRW 53.979 billion, is a stern reminder of the importance of robust cybersecurity measures.
Coupang Fines $409 Million for Massive Data Breach
Coupang has been slapped with a whopping $409 million fine for a massive data breach that exposed the personal info of 37.55 million people, due to a lax safety management system and negligence in key security measures. The hefty penalty is part of a landmark enforcement action by South Korea's Personal Information Protection Commission.