South Korea fines Coupang $408m over biggest data leak in country’s history

South Korea's Personal Information Protection Commission has fined e-commerce giant Coupang a record amount for leaking personal data of over 33 million customers. The company allegedly failed to report the breach within the required 72 hours and delayed notifications, depriving customers of the opportunity to take steps to prevent secondary harm. Coupang has apologised and signalled its intention to challenge the fine in court, which is the largest ever penalty for a data leak in South Korea.