South Korea has fined e-commerce giant Coupang a record $408 million for a data leak that exposed over 33 million customers' personal information and for failing to report the breach within 72 hours. The company plans to challenge the fine in court.
South Korea's data protection regulator fined e-commerce giant Coupang Corp. a record 624.7 billion won ($410 million) for privacy violations, including a massive data breach affecting over 37 million users and unauthorized collection of online activity records.
South Korea's data protection regulator fined e-commerce platform Coupang a combined 624.7 billion won (US$410 million) for a massive data breach affecting over 37 million users and for unauthorized collection of online user activities. The fines are the largest ever imposed for a data leak and privacy violations.
Canada's "AI for All" strategy aims to boost the domestic AI industry and ensure the technology benefits citizens. It includes plans for updated legislation on personal information protection, an online safety regime, AI literacy training, and investment in a public AI supercomputer.
SEOUL, May 12 (Yonhap) -- South Korea's data protection watchdog has concluded i...
India remains on the US Trade Representative's priority watch list for intellectual property concerns, citing inconsistent progress and long-standing issues with its Patents Act. The report highlights worries over data protection for pharma and agri-chemical products, alongside high customs duties on IP-intensive goods. Weak enforcement of copyrights and trademarks also remain key issues.
James Sherwin-Smith has secured the 250 nominations needed to stand as a candidate for Nationwide's board at July's annual meeting, potentially becoming the first customer voted onto the board in nearly 25 years. His candidacy highlights a democracy deficit at the mutual, which faced criticism for not polling members on the £2.9bn Virgin Money acquisition in 2024 and for only offering advisory votes on executive pay up to £7m. The article argues Nationwide should suspend its 'quick vote' system that favours board recommendations and allow Sherwin-Smith a fair run, despite likely prevailing either way.
John Edwards says he is fully cooperating with ICO’s independent inquiry into ‘HR matters’The UK’s information commissioner has stepped back from his job after the data protection regulator launched an independent workplace investigation into unspecified “HR matters”.John Edwards, the national watchdog for information rights, data privacy and transparency among public bodies, said he was cooperating with the investigation in a post on his LinkedIn account. Continue reading...
SEOUL, April 23 (Yonhap) -- The data protection regulator said Thursday it has f...
