Republic of Korea: PIPC investigation into PayPal's compliance with Personal Information Protection Act
Progress
Current status
in force
25 Oct 2023 in force
Scope
Implementers
Republic of Korea
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
data protection authority
Implementation Level
national
Timeline of events
Issued ruling in PIPC investigation into PayPal’s compliance with Personal Information Protection Act
On 25 October 2023, the Korean Personal Information Protection Commission (PIPC) ruled PayPal had violated the Personal Information Protection Act and imposed a KRW 906 million fine and a KRW 16.2 million penalty. The PIPC stated that PayPal failed …
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
data protection authority