Coupang files lawsuits against 620 bil. won fine over data leak
E-commerce firm Coupang Corp. has filed lawsuits against 620 billion won ($462 million) in fines levied by a state-run data protection agency over its massive data leak, sources said Thursday. According to the sources, Coupang has filed two separate suits with the Seoul Administrative Court seeking to nullify the fines imposed by the Personal Information Protection Commission in June this year.…
E-commerce giant Coupang has filed legal actions against a whopping 620 billion won ($462 million) in fines imposed by a state-run data protection agency, according to sources. The fines were levied by the Personal Information Protection Commission in June for multiple privacy violations, including a massive data breach that impacted over 37 million users.
The fines are split into two categories: a record 423.6 billion won for the data breach itself, and an additional 201.1 billion won for unauthorized collection of records related to online user activities, along with other infractions. This fine is the highest ever imposed on a single company by the regulator, as per the commission.
The fines were handed out more than six months after Coupang disclosed a significant data breach in November of the previous year, which exposed personal information such as names, phone numbers, and delivery details of users in South Korea.
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- Coupang files lawsuits against 620 bil. won fine over data leak koreatimes.co.kr