Coupang fined record W624.7b over massive data breach, unauthorized data collection
South Korea's data protection regulator on Thursday fined e-commerce platform Coupang a combined 624.7 billion won ($410 million) over a massive data breach and collection of online user activities without permission.
The Personal Information Protection Commission levied a fine of 423.58 billion won for the data breach that affected more than 37 million users, marking the largest-ever penalty imposed for a single data leak.
It also fined Coupang 201.16 billion won for the unauthorized collection
South Korea Fines Coupang for Data Breach
- South Korea fines Coupang $408m over biggest data leak in country’s history Al Jazeera —
- South Korea hits e-commerce giant Coupang with record US$409 million fine for data breach South China Morning Post —
- S Korea fines e-commerce giant Coupang record $525 million over data leak The Straits Times —
- ‘South Korea’s Amazon’ hit with record fine over data breach Financial Times —
- Coupang hit with record W624.7b privacy fine The Korea Herald —