Dior, Louis Vuitton & Tiffany Fined $25M After Massive Data Breaches
In an era where data is the new gold, even the world’s most prestigious luxury houses are not immune to the reach of cybercriminals. Recently, South Korea’s Personal Information Protection Commission (PIPC) sent a shockwave through the corporate world by imposing a combined fine of 36 billion Korean won (approximately $25 million) on three LVMH-owned giants: Louis Vuitton, Dior, and Tiffany. The global luxury sector has just received a powerful regulatory wake-up call . South Korea’s Personal Information Protection Commission (PIPC) imposed ₩36 billion (~$24.9 million USD) in fines on the Korean operations of: Louis Vuitton Christian Dior Couture Tiffany & Co. after millions of customer records were exposed due to weak security controls, delayed breach detection, and employee-targeted attacks. This is not just a luxury retail story — it is a board-level cybersecurity, compliance, and digital-trust case study...