South Korea fines Worldcoin for violating personal protection laws

Description

South Korea’s personal information watchdog imposed a fine of 1.1 billion Korean won ($829,000) on the Worldcoin Foundation and its affiliate Tools For Humanity (TFH) for violating the country’s laws on personal information protection.

Authors

Ezra Reguerra

Publish date

Sep 24, 2024 - 12:00am

Publisher

Cointelegraph

Related projects

World

Referenced by

Do the Orbs adequately protect user privacy, or are there risks to be aware of?

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South Korea’s personal information watchdog imposed a fine of 1.1 billion Korean won ($829,000) on the Worldcoin Foundation and its affiliate Tools For Humanity (TFH) for violating the country’s laws on personal information protection.

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After the investigation, the privacy watchdog confirmed that the Worldcoin Foundation and TFH collected information such as iris scans of South Koreans without a legal basis for processing, according to the announcement. PIPC said that almost 100,000 South Koreans downloaded Worldcoin’s application, with almost 30,000 using iris authentication. However, the privacy watchdog said the company failed to comply with the requirements of the PIPA.

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