Get the latest tech news

Korea raises data breach fines to 10% of revenue


Companies behind major negligent data leaks can now face fines of up to 10 percent of annual revenue under revised privacy rules.

None

Get the Android app

Or read this on Hacker News

Read more on:

Photo of Korea

Korea

Photo of data

data

Photo of revenue

revenue

Related news:

News photo

Seagate finds 'AI is increasing the value of data' but warns that 43% of businesses lack proper data storage infrastructure — 99% expect AI storage (and storage costs) to explode

News photo

Cohere's Model Vault now encrypts AI inference so even Cohere cannot see enterprise customers' data

News photo

SpaceX May Buy Data From Failed Startups for AI Models