FINTECH

Coupang Apologizes After Major Data Breach Affecting 33.7 Million Accounts.

Coupang is often described as South Korea's equivalent of Amazon.com [Getty Images]

 

On Sunday, Coupang, South Korea’s largest online retailer, apologized after the personal data of 33.7 million customers was accessed without permission. CEO Park Dae-jun posted a message on the company’s website, saying, We are very sorry to inconvenience our customers once again. Coupang, often called the Amazon of South Korea, is known for its fast Rocket delivery service.

The breach was discovered on November 18 and exposed customer names, email addresses, phone numbers, shipping addresses, and some order history but did not include payment information or passwords. Reports say the unauthorized access started on June 24 using international servers. Police are investigating, and a former Chinese employee of Coupang is suspected to be involved. Coupang has filed a complaint and is working with authorities and regulators.

​The South Korean government held an emergency meeting to determine if Coupang violated personal information protection laws. Minister of Science and ICT Bae Kyung-hoon said officials are reviewing the case. Meanwhile, the Korea Internet & Security Agency warned affected customers to watch out for possible phishing attacks.

​This is not the first time a major South Korean company has faced a data breach; SK Telecom was also affected in the past. These incidents show that companies in the country still face cybersecurity challenges. Coupang reported 24.7 million active users in the third quarter, highlighting the scale and impact of the breach.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Tech News

On 5 September the United Nations General Assembly voted 164–1 to encourage governments, schools, media and digital tools to use the Equal Earth projection...

AI

OpenAI has unveiled a new artificial intelligence model that it describes as its best yet, but cautioned that the model can sometimes attempt to...

AI

ByteDance has raised $29.6 billion from nearly 30 banks as the TikTok owner increases spending on artificial intelligence and overseas infrastructure. The financing started...

Tech News

Google has added platform-wide support for Encrypted Client Hello, making Android 17 the first major operating system to use the technology to hide specific...

Copyright © 2025 Whizord.com

Exit mobile version