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The Economic Times
The Economic Times
Technology

South Korea fines Coupang $409 million in country's largest data breach penalty

South Korea will fine e-commerce giant Coupang 625 billion won ($409.30 million) over a massive leak ​of customer information last year and ​illegal collection of personal information, in the country's largest data breach penalty on ​a company.

The Personal Information Protection Commission said the New York-listed company had leaked personal data of more than 33 million customers and failed to detect the breach within the 72 hours required by the law.

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