data breach Archives | Be Korea-savvy
After Massive Data Breach, Coupang Customers Say They Still Don’t Know What Was Leaked

After Massive Data Breach, Coupang Customers Say They Still Don’t Know What Was Leaked

SEOUL, Dec. 1 (Korea Bizwire) — Days after Coupang disclosed a data breach affecting some 33.7 million customer accounts, users say they remain in the dark about what personal information was compromised, fueling anger and confusion surrounding one of South Korea’s largest-ever privacy failures. Coupang announced on Nov. 29 that names, email addresses, phone numbers, physical [...]

Korean Platforms Scramble to Review Security as Coupang Faces Heavy Penalties

Korean Platforms Scramble to Review Security as Coupang Faces Heavy Penalties

SEOUL, Dec. 1 (Korea Bizwire) — South Korean online platforms were seen carrying out emergency reviews of their data protection status, with Coupang Inc. widely expected to face major fines following a data breach, sources said Monday. On Saturday, the U.S.-listed e-commerce giant said personal information of 33.7 million customers has been compromised, far higher [...]

Koreans Push for EU-Style Punitive Damages as Trust in Corporate Data Security Erodes

Koreans Push for EU-Style Punitive Damages as Trust in Corporate Data Security Erodes

SEOUL, Oct. 1 (Korea Bizwire) — In the wake of a string of high-profile data leaks, an overwhelming majority of South Koreans say they view such incidents as a serious threat and support adopting punitive damages similar to those in Europe and other advanced economies, a new poll shows. According to a Realmeter survey of 500 [...]

Cyberattacks on SK Telecom, KT, Lotte Card Spur Government Crackdown

Cyberattacks on SK Telecom, KT, Lotte Card Spur Government Crackdown

SEOUL, Sept. 22 (Korea Bizwire) — Prime Minister Kim Min-seok said Monday the government will overhaul data protection systems at telecoms and financial companies following a series of security breaches at mobile carriers and a credit card issuer. Kim made the remark during an emergency government meeting convened to discuss responses to the hacking incidents [...]

Hacking Group’s Threat to Sell SK Telecom Data Triggers State Investigation

Hacking Group’s Threat to Sell SK Telecom Data Triggers State Investigation

SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s science ministry said Tuesday it has opened an official investigation into claims by an international hacking group that it is attempting to sell personal data purportedly stolen from SK Telecom, the nation’s largest mobile carrier. The probe follows a post on the Telegram channel of Scattered Lapsus$, [...]

Korea Watchdog Orders SK Telecom to Ease Cancellation Fees After Massive Data Breach

Korea Watchdog Orders SK Telecom to Ease Cancellation Fees After Massive Data Breach

SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s telecom watchdog on Thursday ordered SK Telecom Co. to partially waive cancellation fees for non-mobile services following a major data breach that affected its 25 million mobile service users. The move came after the country’s top carrier decided to limit the waiver of cancellation fees to mobile [...]

Korean Consumers Favor Trust Over Price Amid Surge of Chinese E-Commerce Platforms

Korean Consumers Favor Trust Over Price Amid Surge of Chinese E-Commerce Platforms

SEOUL, May 17, 2025 (Korea Bizwire) — Despite the growing presence of Chinese e-commerce giants like AliExpress and Temu, a majority of South Korean consumers still prefer domestic online platforms for their perceived reliability and product quality—even at higher prices, a government report revealed Friday. According to a report published by the Korea Information Society Development [...]

Korean Job Portals Albamon and Incruit Strengthen Data Security After Hacking Incidents

Korean Job Portals Albamon and Incruit Strengthen Data Security After Hacking Incidents

SEOUL, May 12 (Korea Bizwire) — South Korean job platforms Albamon and Incruit are ramping up efforts to prevent further data breaches following recent hacking incidents that exposed the personal information of tens of thousands of users. Albamon, a major part-time job listing site, announced that it will begin notifying affected members as early as next [...]