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South Korea's new privacy-fine calculations detailed in draft privacy-law decree

By Wooyoung Lee ( May 19, 2023, 05:26 GMT | Insight) -- South Korea has released a draft decree outlining rules and methods for the enforcement of privacy violations, following a significant revision to the country’s privacy law earlier this year. Some major changes include a new fine-calculation model and the introduction of an authority for the regulator that will enable it to halt the overseas transfer of personal information in cases of severe privacy damages.South Korea has released a draft decree outlining rules and methods for the enforcement of privacy violations, following a significant revision to the country’s privacy law earlier this year....

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