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TechRadar
TechRadar
Sead Fadilpašić

Coupang to pay almost $1.2 billion in compensation for data breach

Representational image of a cybercriminal.
  • Coupang breach exposed data of 33.7M customers, one of South Korea’s largest cyberattacks
  • Company offers $35 vouchers as compensation, usable only on Coupang services
  • Lawmakers and consumer groups criticize settlement as marketing, police launch investigation

In South Korea, people’s personal information is worth roughly the same as a meal in a sit-down restaurant - around $35. Or at least, that's what the latest data breach settlement suggests.

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