South Korea Fines Luxury Brands $24.9M for Major Data Breaches South Korea’s Personal Information Protection Commission (PIPC) has imposed a combined 36 billion won ($24.9 million) in fines on the Korean subsidiaries of Louis Vuitton, Dior, and Tiffany for failing to protect customer data from cyberattacks. Louis Vuitton Korea received the largest penalty 21.4 billion won after hackers breached its systems on three occasions, exposing the personal data of 3.6 million customers, including names, phone numbers, and birth dates. The PIPC cited poor security practices for remote logins, which allowed an external actor to compromise an employee device. Christian Dior Couture Korea was fined 12.2 billion won following a breach affecting 1.95 million users, where employees were tricked into granting system access to malicious actors. The company remained unaware of the incident for three months. Meanwhile, Tiffany Korea faced a 2.4 billion won fine after a breach exposed the data of 4,600 customers, including names and email addresses. In a separate case, the PIPC penalized BKR (Burger King Korea) 924 million won for illegally collecting personal data from minors under 13 without guardian consent. MGC Global (Mega MGC Coffee) was fined 642 million won for sending unsolicited marketing messages to customers who had not opted in. Additionally, eight other food and beverage companies were fined for violating data protection laws. The penalties highlight growing regulatory scrutiny over corporate data security and compliance with South Korea’s privacy laws.

Louis Vuitton has suffered a data breach where an unauthorised third party accessed its UK operation's systems and obtained customer information such as names, contact details, and purchase history. Although no financial data was compromised, the company warned customers about potential phishing, fraud, or unauthorised use of their information. This is the third breach of LVMH’s systems in the past three months, with previous incidents affecting Louis Vuitton's Korean operation and Christian Dior Couture.