
South Korea Imposes Significant Fines for Data Breaches and Illegal Data Sharing
BusinessSectorCommentariesAndAnalysesNon-U.S.
The Personal Information Protection Commission of South Korea imposed two notable sanctions this week. Modutour Network, a travel agency, was fined 740 million won for neglecting security measures, leading to a hacking incident. Additionally, Meta lost its appeal against a 6.7 billion won fine for illegal data sharing. These decisions highlight the importance of protecting personal data and implementing adequate security measures.