record fine

South Korea fines Coupang record $408 million over massive data breach

South Korea's data protection authority has imposed a record $408 million fine on e-commerce giant Coupang for exposing the personal data of over 33 million customers and failing to report the breach in a timely manner. The incident, described as the largest personal data breach in the nation's history, was blamed on a lack of security measures rather than sophisticated hacking.