Independent administrative data protection authority
Appears in 2 stories · Last updated Sep 19, 2026
As of September 2026: Regulator implementing the amended law
South Korea can now fine companies up to 10% of their annual revenue for serious or repeated data breaches. The amended Personal Information Protection Act, in force since September 11, 2026, triples the old 3% cap.
Updated Sep 18
As of June 2026: Issued the fine
South Korea's privacy regulator fined Coupang 624.7 billion won, roughly $409 million, for a breach that exposed data on 37.5 million accounts, more than 70% of the country's population. The penalty is the largest in Korea's privacy enforcement history. It landed below analyst projections of up to 1 trillion won, and Coupang shares jumped 14% on June 11, their best single-day gain since November 2022.
Updated Jun 12
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