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News

koreajoongangdaily
koreajoongangdaily.com > business > korea-raises-data-breach-fines-to-10-of-revenue > 12869899

Korea raises data breach fines to 10% of revenue

3+ day, 23+ min ago   (260+ words) Companies behind major negligent data leaks can now face fines of up to 10 percent of annual revenue under revised privacy rules. Korea's privacy regulator is sharply raising the cost of data breaches, aiming to push companies to treat data protection…...

koreajoongangdaily
koreajoongangdaily.com > business > korea-to-introduce-strengthened-penalties-for-largescale-data-leaks > 12869556

Korea to introduce strengthened penalties for large-scale data leaks

3+ day, 1+ hour ago   (295+ words) Companies responsible for leaks affecting more than 10 million people could face fines of up to 10 percent of sales starting Friday. Korea will introduce strengthened penalties this week for companies that suffer personal information leaks affecting more than 10 million people, the…...

CHOSUNBIZ
biz.chosun.com > en > en-finance > 09/06/2026 > 7GCLCDX2PFC4NL6G7PDKVSKN4M

South Korea speeds death-data sharing to block fraud within a day

6+ day, 21+ hour ago   (13+ words) CHOSUNBIZ Chosunbiz...

CHOSUNBIZ
biz.chosun.com > en > en-science > 09/03/2026 > K5H2WEPLL5BUFIDDDWYLBRPQGM

Korea steps up IP crackdowns as tech leaks and counterfeits surge 32%

1+ week, 3+ day ago   (14+ words) CHOSUNBIZ Chosunbiz...

@law360
mlex.com > mlex > articles > 2519441 > south-korea-fines-gs-retail-over-data-breaches-affecting-1-6-million-users

South Korea fines GS Retail over data breaches affecting 1.6 million users | MLex | Specialist news and analysis on legal risk and regulation

1+ week, 6+ day ago   (278+ words) MLex Summary: South Korean retail company GS Retail has been fined 12.8 billion won ($9.3 million) by the country's privacy regulator over data breaches that exposed personal information of more than 1.6 million users of its GS Shop and GS25 services. The Personal Information…...

Yonhap News Agency
en.yna.co.kr > view > AEN20260831003900315

GS Retail fined 12.8 bln won over personal data leak of 1.66 mln customers

1+ week, 6+ day ago   (214+ words) SEOUL, Aug. 31 (Yonhap) -- GS Retail Co., a retail giant that operates GS25 convenience stores, has been issued a 12.8 billion-won (US$9.3 million) fine over a personal data leak that affected 1.66 million customers, the privacy watchdog said Monday. According to the Personal Information…...

CHOSUNBIZ
biz.chosun.com > en > en-industry > 08/31/2026 > MSIHIPXGE5DZJAHKJH57UCPZKE

Tving data leak spurs coupon plan as Korea weighs penalties, profits at risk

1+ week, 6+ day ago   (15+ words) CHOSUNBIZ Chosunbiz...

The Korea Herald
koreaherald.com > article > 10842119

H&M discloses customer data breach in South Korea

4+ week, 1+ day ago   (339+ words) Business H&M discloses customer data breach in South Korea Published: Aug. 14, 2026 - 21:04:52 The Swedish fashion retailer said email addresses, phone numbers and order or return reference numbers among information compromised Swedish fashion giant H&M has disclosed a data breach…...

@law360
mlex.com > mlex > articles > 2511403 > south-korean-finance-platform-3pro-tv-reports-data-breach

South Korean finance platform 3Pro TV reports data breach | MLex | Specialist news and analysis on legal risk and regulation

1+ mon, 3+ day ago   (160+ words) South Korean finance platform 3Pro TV reports data breach MLex Law360 | The Practice of Law Law360 Authority | Deep News & Analysis Law360 Pulse | The Business of Law South Korean finance platform 3Pro TV reports data breach Prepare for tomorrow’s regulatory change, today MLex identifies risk to…...

MLex
mlex.com > mlex > amp > articles > 2510333

South Korean telecom operators ordered to revise terms on personal-data liability

1+ mon, 1+ week ago   (30+ words) MLex South Korean telecom operators ordered to revise terms on personal-data liability To view the full article, register now....