Korea's taking a hard stance on data security now. After that massive Coupang breach exposed user info, President Lee's pushing for stricter penalties. Makes sense—when personal data gets compromised at scale, slap-on-the-wrist fines don't cut it anymore. This could set precedent for how regulators handle corporate cybersecurity failures moving forward. Interesting to watch how this impacts tech companies operating in the region, especially those handling financial data.
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PseudoIntellectual
· 12-04 21:03
Yeah, this should have been dealt with long ago. Small fines don't scare these big companies at all; they really need to get serious.
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FloorSweeper
· 12-03 19:15
ngl korea's finally playing hardball but watch—this is just capitulation phase before the real accumulation happens. corps will eat the penalties, price it in, then bounce back harder. weak signals from paper hand regulators who don't understand market psychology tbh
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RektDetective
· 12-02 09:17
ngl coupang this wave is blown up, it should have been severely punished a long time ago, minor fines can't cure the laziness of these companies.
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TestnetNomad
· 12-02 08:54
South Korea is really serious this time; the compensation amount needs to be significantly increased.
Korea's taking a hard stance on data security now. After that massive Coupang breach exposed user info, President Lee's pushing for stricter penalties. Makes sense—when personal data gets compromised at scale, slap-on-the-wrist fines don't cut it anymore. This could set precedent for how regulators handle corporate cybersecurity failures moving forward. Interesting to watch how this impacts tech companies operating in the region, especially those handling financial data.