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South China Morning Post
South China Morning Post
AsiaPac · 3 hrs ago
78◉ Centre
South Korea hits e-commerce giant Coupang with record US$409 million fine for data breach
78Quality
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AI Analysis
Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline

South Korea's regulatory authorities have fined e-commerce platform Coupang a record US$409 million for a data breach affecting over 30 million customers, concluding a months-long investigation and drawing concern from US lawmakers.

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South Korea hits e-commerce giant Coupang with record US$409 million fine for data breach
South Korea imposed on Thursday a record US$409 million fine on e-commerce giant Coupang over a leak that exposed the data of more than 30 million customers, provoking ire from US lawmakers. The move caps a months-long probe into the country’s largest online retail platform, which is incorporated in the United States. Allegations of a massive data leak first surfaced in November, becoming an unexpected source of friction between Seoul and Washington. “We have decided to impose a total of 624.68.
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