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KR: Seoul lawmaker criticizes 5,000-won compensation for 4.62 million-person data breach
·Source: DataBreaches.net
Updated:
Executive Summary
The Herald Business reports: Seoul Facilities Corp. has drawn criticism over its plan to offer 5,000 won [$3.50 USD] per affected user in response to a personal data breach involving about 4.62 million people, with questions mounting over whether the compensation is adequate. Seoul Metropolitan Council member Im Gyu-ho of the Democratic Party of Korea... Source
Analysis
The Herald Business reports: Seoul Facilities Corp. has drawn criticism over its plan to offer 5,000 won [$3.50 USD] per affected user in response to a personal data breach involving about 4.62 million people, with questions mounting over whether the compensation is adequate. Seoul Metropolitan Council member Im Gyu-ho of the Democratic Party of Korea... Source