Personal Information Protection Commission

South Korea's government disputed a U.S. congressional report accusing it of discriminating against Coupang, a U.S.-listed e-commerce company fined 625 billion won for a data breach affecting 37 million people. The report alleged coercive investigations by South Korean authorities, but Seoul denied the claims, stating its actions were lawful and non-discriminatory.

South Korea fined Coupang $409 million for a data breach involving 34 million accounts, citing inadequate security measures. The fine includes penalties for data leaks and non-consensual data collection, with diplomatic tensions arising between South Korea and the US. Coupang's stock has dropped 35% this year following the incident.