"The retail giant, often compared to Amazon for its dominance in South Korean e-commerce and logistics, last month revealed details of a data breach affecting close to 34 million people. The breach allegedly began in June but wasn't noticed until November, when Coupang initially said over 4,500 customers had their data stolen. The company later revised that figure dramatically upward."
"Park Dae-jun has resigned as chief executive of South Korean retail giant Coupang after a data breach exposed the personal information of more than half of the country's population. In a statement, Park apologized for the breach, citing a "deep sense of responsibility for the outbreak and the subsequent recovery process." Coupang has replaced Park with Harold Rogers, the top lawyer at Coupang's U.S.-based parent company, according to a machine translation of the company statement."
Park Dae-jun resigned as chief executive of Coupang following a data breach that exposed personal information of more than half of South Korea's population. Park apologized and cited a "deep sense of responsibility for the outbreak and the subsequent recovery process." Coupang named Harold Rogers, the top lawyer at its U.S.-based parent company, as the replacement. The company revealed the breach affected close to 34 million people and said the breach allegedly began in June but went unnoticed until November. Coupang initially reported about 4,500 customers affected before dramatically revising the figure upward. The incident follows other major security events in South Korea this year, including a data center fire that caused irretrievable government data loss.
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