( September 4, 2026, 02:59 GMT | Official Statement) -- MLex Summary: A South Korean civic group has called on the National Assembly to expand the country’s class-action lawsuit regime, arguing that Tving’s response to a massive data breach shows that consumers lack an effective means of holding companies financially accountable. The Citizens’ Coalition for Economic Justice said Friday that Tving’s proposed compensation package, consisting of points and coupons, falls short of meaningful compensation for a breach affecting 39.54 million accounts. Under the current system, individual consumers face significant costs and difficulties in pursuing claims involving mass data breaches, leaving companies with little incentive to provide substantial compensation voluntarily, the group said. South Korea’s class-action system is limited to securities-related cases, while consumers seeking redress for other types of harm must actively opt in to collective damage claims to benefit from any final judgment.The statement is attached (in Korean)....
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