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South Korea plans tougher penalties, incentives after SK Telecom data breach

By Wooyoung Lee ( September 11, 2025, 09:01 GMT | Insight) -- South Korea’s privacy regulator on Thursday unveiled plans to raise penalties for repeat data breaches while offering reduced fines for companies that adopt preventive safeguards. The Personal Information Protection Commission’s proposals — developed following the massive SK Telecom breach that exposed data from more than 23 million users — include requiring companies to allocate 10 percent of IT budgets to data protection by 2028 and elevating the role of chief privacy officers. Amendments to the Personal Information Protection Act are being drafted, with a bill expected to reach the National Assembly in the first half of 2026.South Korea plans to impose heavier penalties on companies that suffer repeated data breaches while offering reduced fines for those that adopt proactive privacy safeguards, the country’s privacy regulator said Thursday....

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