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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.

General News

SpaceX worker dies at Starbase after crane collapse and safety violations

A worker has died at SpaceX’s Starbase launch site in south Texas, prompting the U.S. Occupational Safety and Health Administration to open an investigation. The incident occurred at about 4:17 a.m. on May 15, but the cause of death has not been disclosed. SpaceX and the newly incorporated Starbase city government have not issued statements. The death renews scrutiny of safety management at the site, which has faced previous violations and lawsuits.

Finance

KB Financial Group, KOSMES step up industrial safety support program, select 50 suppliers

KB Financial Group said on April 12 it selected 50 safety-technology suppliers for a small business industrial safety support programme run with the Korea SMEs and Startups Agency. The programme is designed to give suppliers opportunities for technology verification and business expansion, while helping demand companies improve working conditions and strengthen safety capabilities. The partners will provide 3.3 billion won and apply a performance-based support model.