Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Monday, January 19, 2026
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

South Korean retail giant Coupang to compensate $1.1 billion to affected users over data breach

December 29, 2025
in News
Reading Time: 2 mins read
A A
South Korean retail giant Coupang to compensate .1 billion to affected users over data breach
0
SHARES
ShareShareShareShareShare

READ ALSO

Bozoma Saint John says she’s successful in her career because she ignored this piece of advice

How to build successful teams

A general view shows the logo of South Korean online delivery service Coupang, at a building housing the company’s headquarters in Seoul on Dec. 9, 2025.

Jung Yeon-je | Afp | Getty Images

South Korean online retail giant Coupang said it will offer 1.69 trillion South Korean won ($1.17 billion) in compensation to 34 million users affected by a massive data breach disclosed last month.

The company said in a statement Monday local time that it planned to provide customers with purchase vouchers totaling 50,000 won for various Coupang services.

Former customers who closed their Coupang accounts following the data breach are also eligible to receive the vouchers.

Coupang said users can check their eligibility for the vouchers starting Jan. 15, according to a Google translation of the statement in Korean.

Harold Rogers, interim CEO for Coupang Corp., described the move as a “responsible measure for our customers,” and said the company would “fulfill its responsibilities to the end.”

“I once again deeply apologize to our customers,” he said in the statement.

Rogers’ apology came a day after Coupang founder Kim Bom also apologized, saying that he was “devastated” by the disappointment people have experienced.

The data breach, which was revealed on Nov. 18, led to the resignation of CEO Park Dae-jun earlier this month.

Coupang founder Kim Bom said in a separate statement that the company had failed to communicate clearly from the outset of the incident.

The U.S.-based chairman acknowledged his apology was “overdue,” explaining that he initially believed it was best to communicate publicly and apologize only after all the facts were confirmed.

“In retrospect, this was a poor judgment. While Coupang worked tirelessly to resolve the situation, I should have expressed my deepest regrets and sincere apologies from the beginning. My heart has been heavy ever since I first learned of the data breach,” Kim said.

Kim added that the company has recovered all the leaked customer information through cooperation with the government, as well as the storage devices belonging to a suspect behind the data breach.

He also said the customer information stored on the suspect’s computer was limited to 3,000 records and that it was not distributed or sold externally.

South Korean retail giant Coupang to compensate .1 billion to affected users over data breach

Credit: Source link

ShareTweetSendSharePin
Previous Post

Silver pulls back after topping $80 in historic year-end rally

Next Post

Myles Garrett takes jab at Aaron Rodgers, Steelers after not breaking NFL sack record

Related Posts

Bozoma Saint John says she’s successful in her career because she ignored this piece of advice
News

Bozoma Saint John says she’s successful in her career because she ignored this piece of advice

January 18, 2026
How to build successful teams
News

How to build successful teams

January 18, 2026
Who’ll next implement an Australia-style under-16s social media ban?
News

Who’ll next implement an Australia-style under-16s social media ban?

January 18, 2026
Will cooler heads prevail at Davos WEF 2026?
News

Will cooler heads prevail at Davos WEF 2026?

January 18, 2026
Small companies rising quickly to rival Big Tech as AI’s best trade
News

Small companies rising quickly to rival Big Tech as AI’s best trade

January 18, 2026
How to create better habits without relying on discipline
News

How to create better habits without relying on discipline

January 17, 2026
Next Post
Myles Garrett takes jab at Aaron Rodgers, Steelers after not breaking NFL sack record

Myles Garrett takes jab at Aaron Rodgers, Steelers after not breaking NFL sack record

Leave a Reply Cancel reply

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

What's New Here!

Meet the millionaires living ‘underconsumption’ life: Groceries from Aldi and Goodwill clothes

Meet the millionaires living ‘underconsumption’ life: Groceries from Aldi and Goodwill clothes

December 25, 2025
How about .7 billion in your stocking for Christmas? Powerball’s 46 straight draws with no winner bring Yuletide greetings

How about $1.7 billion in your stocking for Christmas? Powerball’s 46 straight draws with no winner bring Yuletide greetings

December 24, 2025
Japan’s Mitsubishi to acquire shale gas assets in U.S. for .5 billion

Japan’s Mitsubishi to acquire shale gas assets in U.S. for $7.5 billion

January 16, 2026
What are Trump’s Options in Iran?

What are Trump’s Options in Iran?

January 15, 2026
Berkshire has the best odds of lasting a century

Berkshire has the best odds of lasting a century

January 2, 2026
Turning 2026 Taste Trends Into Scalable Product Wins: A Q&A With Kerry

Turning 2026 Taste Trends Into Scalable Product Wins: A Q&A With Kerry

December 19, 2025
Riots Flare Up in Bangladesh After a Student Protest Leader Is Killed

Riots Flare Up in Bangladesh After a Student Protest Leader Is Killed

December 19, 2025

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • ExpressVPN two-year plans are up to 78 percent off
  • EU mulls responding to Trump by reviving €93 billion tariff move
  • BlackRock’s Rick Rieder bid for Fed chair is gaining traction
  • Three months of Audible is on sale for $3 right now

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In