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South Korea raises personal-data breach fines to 10% of total sales

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  • South Korea’s revised privacy law and enforcement decree took effect on the 11th.
  • Serious or repeated breaches can draw fines of up to 10% of total sales.
  • Recent leaks involved Tving, 29CM, Gangnam Unnie, Hwahae and Weverse.
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South Korea raises personal-data breach fines to 10% of total sales - CoinPost Terminal