Korea Eyes Heavy Fines for Companies Behind Repeated Personal Data Breaches

SEOUL, Dec. 12 (Korea Bizwire) — Science Minister Bae Kyung-hoon said Friday the government will seek to introduce punitive fines on businesses with repeated data breaches amid growing concern over personal information security. Bae made the remark during the Ministry of Science and ICT’s policy briefing to President Lee Jae Myung in the central city [...]