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Korea raises data breach fines to 10% of revenue

339 points · 115 comments · throw7

  1. markhahn · · focus · HN ↗
    This is wonderful, though a little low.

    Basing it on revenue is sensible, since the goal is to make it hurt. But that would argue for a higher fraction. But the main thing is to introduce an incentive to take security more seriously.

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