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South Korea passes privacy-law overhaul, lifting breach fines to 10% of total revenue

By Jenny Lee ( February 12, 2026, 09:45 GMT | Insight) -- South Korea has handed companies a far sharper set of financial and compliance consequences for mishandling personal information, after parliament on Thursday passed revisions to the Personal Information Protection Act that can lift administrative penalties to as much as 10 percent of a company’s total revenue in defined, high-severity cases.South Korea has handed companies a far sharper set of financial and compliance consequences for mishandling personal information, after parliament on Thursday passed revisions to the country's privacy law that can lift administrative penalties to as much as 10 percent of a company’s total revenue in defined, high-severity cases....

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