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Coupang Data Breach Fine

South Korea ๐Ÿ‡ฐ๐Ÿ‡ท Crime & Justice

4 articles from 1 country

South Korea's Personal Information Protection Commission fined Coupang a record 624.6 billion won for illegally collecting online activity data from over 11 million users. The fine, approximately $620 million, is the largest ever imposed by the commission for data breaches and privacy violations.

๐Ÿ‡ฐ๐Ÿ‡ท South Korea/Korean

Coupang Hit With Record $450 Million Fine Over Data Breach, Stock Suffers

- South Korea's Personal Information Protection Commission fined Coupang 624.7 billion won for a massive personal data leak. - The fine, the largest ever imposed in South Korea, is impacting the stock price of Coupang Inc., listed on the New York Stock Exchange. - Coupang's stock has fallen approximately 40% since the data leak was first reported in November, with further drops following the fine โ€ฆ