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AI & Enterprise

Coupang hit with 624.7 billion won fine over personal data breach, largest ever

South Korea\'s Personal Information Protection Commission imposed a record 624.7 billion won fine on Coupang over a large-scale personal data breach reported in November last year. It also levied a 16.8 million won penalty. The commission fined Coupang Fulfillment Services 248 million won for violations involving collection and use of personal data and limits on processing sensitive data. The regulator said about 37.5 million people were affected and ordered corrective steps.

AI & Enterprise

Draft amendment to enforcement decree of Personal Information Protection Act put up for public comment

South Korea\'s Personal Information Protection Commission will put a draft partial amendment to the enforcement decree of the Personal Information Protection Act up for public comment from June 2 to July 13. The move follows revisions to the law taking effect on Sept. 11. The draft details which personal information processors must obtain board approval and report to the commission when appointing, changing or dismissing a chief privacy officer, and sets reporting procedures and timelines. It also specifies ISMS-P certification obligations, breach-risk notice requirements and fine standards.

Games & Commerce

Kakao bonus dispute turns into trust and organisation issue as first strike looms

Kakao\'s labour dispute has moved toward the company\'s first headquarters strike. The Kakao union plans a four-hour partial strike and rally around Pangyo Station on June 10 and may raise the level depending on talks. The dispute began with bonus negotiations but has expanded to job security, compensation systems and organisational restructuring, putting CEO Jeong Shin-a under pressure. Talks mediated by the Gyeonggi Labour Relations Commission ended without agreement, giving unions legal grounds for industrial action.