South Korea Hits Coupang With Record $455 Million Privacy Fine as Breach Fallout Deepens
The regulatory reckoning for Coupang has become considerably more expensive. South Korea's Personal Information Protection Commission (PIPC) has imposed penalties totaling $455 million (624.6 billion won) against the e-commerce giant following a data breach that exposed the personal information of roughly 37.5 million users, according to BBC reporting. The sanctions represent the largest privacy-related penalty ever issued in South Korea.
