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Business

Science Minister Confirms Data Leak Affecting 33 Million Coupang Customers in South Korea

Indian Community Editorial TeamBy Indian Community Editorial TeamDecember 30, 20252 Mins ReadNo Comments Add us to Google Preferred Sources
Science Minister Confirms Data Leak Affecting 33 Million Coupang Customers in South Korea
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Science Minister Bae Kyung-hoon reiterated that a recent data breach at Coupang impacted 33 million customers in South Korea. Concerns were raised over a report released by the e-commerce giant, contradicting the assessment made by the government.

During a parliamentary session, Bae stated that a joint investigation found that names and email addresses of over 33 million users were compromised. This revelation follows Coupang’s claim that data from only around 3,000 accounts was accessed and subsequently deleted by the perpetrator.

Bae highlighted that sensitive information such as users’ addresses and order details may have also been exposed. Expressing dismay towards Coupang, he criticized the company for issuing an announcement without government coordination.

Coupang has unveiled a compensation package exceeding 1.68 trillion won ($1.17 billion) in response to the significant data breach. This initiative was introduced following a public apology from Coupang’s founder, Kim Bom-suk, acknowledging the impact on a large portion of South Korea’s population.

As part of the compensation plan, Coupang intends to provide discounts and coupons worth 50,000 won to each of the 33.7 million affected customers. The company plans to initiate compensation payments from January 15 onwards, aiming to restore trust and prioritize customer satisfaction.

Coupang’s interim CEO, Harold Rogers, emphasized the company’s commitment to customer-centric values and pledged to uphold its responsibilities diligently. The compensation scheme includes various benefits tailored to different Coupang services, reflecting a strategic shift towards enhancing customer trust.

In response to Coupang’s claims regarding the data leak, the government has dismissed them as unilateral. A comprehensive investigation involving public and private entities is ongoing, with no official conclusions released yet.

Coupang Harold Rogers Kim Bom-suk Personal Information Protection Commission R.LUX Science Minister Bae Kyung-hoon South Korea Yonhap
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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