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Thu, 11 Jun 2026

Thu, 11 Jun 2026 Korea fines e-commerce giant $400m over data breach affecting millions

The record fine comes after around 37.5 million users had their private data exposed.
- South Korea's Personal Information Protection Commission (PIPC) has fined Coupang a record $400m (£299m) over a massive data breach that exposed 30 million customers' data. - The leak revealed names, contact and delivery details, order histories, and other sensitive information of some Coupang customers. - Over half of South Korea's population (50 million people) was affected by the incident. - The fine includes $423.6 billion won for personal data breach and an additional $201 billion won for non-consensual collection of information. - Coupang will strengthen its security measures but plans to challenge the PIPC decision. - The data breach occurred due to poor management of authentication signing keys and access controls, the commission found. - Coupang's boss Park Dae-jun resigned over the incident, and Harold Rogers was appointed interim CEO.


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