Coupang announces $1.18 billion compensation to South Korean users for data leak

Posted under: Online Security
Date: 2025-12-29
Coupang Offers $1.18B Compensation for Data Leak | Justo Global

Coupang, South Korea's e-commerce giant, will compensate 33.7 million account holders with 1.69 trillion won ($1.18 billion) following a significant data breach. Each affected customer will receive vouchers worth 50,000 won. Founder Kim Bom publicly apologized but will not attend impending parliamentary hearings due to prior commitments. Critics, including lawmaker Choi Min-hee, argue that the voucher system serves as a marketing tactic rather than genuine restitution. The situation has intensified scrutiny of the company's handling of the crisis.

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