Coupang Makes Billion-Dollar Apology After Record Data Breach
South Korean retailer Coupang is preparing to compensate customers impacted by a massive data breach. The eCommerce company will begin offering vouchers worth up to 55,000 won ($38) to each of its 33.7 million customers whose personal information was compromised by last month's cybersecurity incident, the company said in a Monday (Dec. 29) news release.
South Korean retail giant Coupang to compensate $1.1 billion to affected users over data breach
Coupang pledges $1.17 billion in vouchers after a major user data breach. Voucher eligibility checks begin Jan. 15 as scrutiny of the breach grows.
Coupang announces $1.18 billion compensation to South Korea users for data leak
South Korean e-commerce company Coupang announced on Monday a compensation package of 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that has drawn backlash from users and lawmakers.
Coupang founder Kim Bom apologises for data leak, pledges compensation
Coupang chairman and founder Kim Bom said he "sincerely apologises" for the data leak of customer information and pledged to unveil a compensation plan as soon as possible, according to a statement posted on the company's website.
Coupang Says Data Leak Perpetrator Did Not Transfer Data to Others
Coupang said that while the perpetrator of a previously announced data leak accessed 33 million accounts, he retained data from only 3,000 accounts, did not transfer the data to others, and later deleted the data when news outlets began reporting the incident. The company said this in a Thursday (Dec.
An E-Commerce Stock Is Jumping Today After a Cyberattack Knocked It Down
An e-commerce stock is rising Friday after the company said a cyberattack doesn't appear to have left customer payment information at risk.
Coupang Faces Class Action Lawsuit Alleging Violations After Data Breach
Coupang faces an investor class action lawsuit alleging that it violated securities laws after a data breach.
Coupang, Inc. (CPNG) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Coupang (CPNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Should You Invest in Coupang (CPNG) Based on Bullish Wall Street Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Coupang CEO Resigns Over Data Breach in South Korea
The South Korean e-commerce company said last month that unauthorized access to the company's digital data had exposed personal information for an estimated 33.7 million people.
CEO of South Korean online retail giant Coupang resigns over data breach
CEO of South Korean online retail giant Coupang resigns over data breach
Coupang CEO resigns after online retailer hit by massive data breach
South Korea's biggest online retailer Coupang said on Wednesday that its Chief Executive Officer Park Dae-jun has resigned, taking responsibiliity for a huge data breach at the company.
