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Search results for Chief Privacy Officer

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

KT steps up zero-trust security to strengthen round-the-clock prevention

KT is upgrading its zero-trust security strategy to apply an always-on prevention and proactive response system across companywide systems. The company said it will build an early threat detection framework and strengthen breach prevention based on its experience adopting a zero-trust network access solution. KT introduced behavioral detection using EDR and NDR systems and will enhance micro-segmentation to limit damage spread. It plans to expand micro-segmentation after verification this year.

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.