South Korea hits Coupang with record $409 million fine over massive data breach (opens in new tab)

South Korea’s privacy watchdog has slapped e-commerce giant Coupang with a record-breaking 624.7 billion won ($409 million) fine, the largest data breach penalty in the country’s history. The ruling, handed down today by the Personal Information Protection Commission (PIPC), dwarfs the previous record of 134.8 billion won imposed on telecoms firm SK Telecom last year. The […] at The Next Web