South Korea raises data breach fines to 10% of revenue
South Korea is tightening its regulations by imposing fines of up to 10% of revenue for data breaches.
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10 million
The measure targets companies neglecting the protection of personal data for over 10 million…
The fact
The measure targets companies neglecting the protection of personal data for over 10 million individuals.
It comes into effect this Friday to encourage a preventive approach.
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