Coupang hit with record $409 million data breach fine in Korea
ID: 6430b6fa-2618-5a73-8392-6a26e9eca24c
STIX ID: report--6430b6fa-2618-5a73-8392-6a26e9eca24c
Feed Name: Bleeping Computer
Threat Score
The Personal Information Protection Commission fined Coupang a record 624.681 billion won after a data breach that exposed personal information of roughly 37.55 million people; a subsidiary was also fined. Investigators found failures in key management, access controls, data-destruction and notification processes, and identified a suspected former IT employee who removed hard drives and tried to destroy a laptop; Coupang announced compensation plans for affected customers.
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