South Korea issues more severe penal sentences for stealing or leaking technology secrets
South Korea has enacted stricter legislation to combat the theft and leaking of technical knowledge, reflecting its commitment to protecting industrial technology and national security. Under the updated Prevention of Divulgence and Protection of Industrial Technology Act, the guidelines for punishing information leaks became effective on March 26, 2024, with even harsher penalties for smuggling technology-related information set to commence on July 1, 2024. Increased Sentences and Fines: Intellectual Property Leaks Overseas: The maximum prison sentence for disclosing South Korean intellectual [...]
