Korea's taking a hard stance on data security now. After that massive Coupang breach exposed user info, President Lee's pushing for stricter penalties. Makes sense—when personal data gets compromised at scale, slap-on-the-wrist fines don't cut it anymore. This could set precedent for how regulators handle corporate cybersecurity failures moving forward. Interesting to watch how this impacts tech companies operating in the region, especially those handling financial data.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
2
Repost
Share
Comment
0/400
RektDetective
· 1h ago
ngl coupang this wave is blown up, it should have been severely punished a long time ago, minor fines can't cure the laziness of these companies.
View OriginalReply0
TestnetNomad
· 1h ago
South Korea is really serious this time; the compensation amount needs to be significantly increased.
Korea's taking a hard stance on data security now. After that massive Coupang breach exposed user info, President Lee's pushing for stricter penalties. Makes sense—when personal data gets compromised at scale, slap-on-the-wrist fines don't cut it anymore. This could set precedent for how regulators handle corporate cybersecurity failures moving forward. Interesting to watch how this impacts tech companies operating in the region, especially those handling financial data.