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Korea raises data breach fines to 10% of revenue

South Korea is increasing penalties for data breaches to up to 10% of a company's annual revenue, marking a significant escalation in its approach to data protection enforcement. The move positions South Korea among the strictest jurisdictions globally for data breach penalties, alongside the EU's GDPR framework.

Background

South Korea's Personal Information Protection Act (PIPA) has long been one of Asia's strongest data protection laws, but penalties were previously capped at lower thresholds. The increase aligns with global trends toward stricter data breach enforcement.

Source
Hacker News (RSS)
Published
Sep 19, 2026 at 04:02 AM
Score
7.0 / 10