South Korean government forms task force for Coupang data breach

The South Korean government announced on December 18 that it will form an interagency task force to handle the recent large-scale data breach at e-commerce giant Coupang. The task force will share information from police and government investigations and discuss ways to strengthen the company's accountability. Coupang confirmed last month that personal information from 33.7 million customer accounts was compromised.

The decision was made at a meeting of science and technology-related ministers chaired by Science Minister Bae Kyung-hoon on December 18. Led by Ryu Je-myung, second vice minister of the Ministry of Science and ICT, the task force will include officials from the science ministry, the Personal Information Protection Committee, the Korea Media Communications Commission, and the Financial Services Commission. It will hold regular and ad hoc meetings to share information on police and government investigations into the breach and discuss ways to strengthen the company's accountability.

The move follows the government's vow to take stern action against Coupang, which confirmed last month that personal information from 33.7 million customer accounts had been compromised. The company has faced criticism for its lukewarm response to the incident and an intransigent stance toward Korean authorities. During a parliamentary hearing on Wednesday, Harold Rogers, Coupang's interim chief executive officer, apologized for the breach but did not present detailed measures on customer compensation or data security.

Coupang's headquarters is in Seoul, and the breach has dealt a significant blow to the company. The government plans to closely monitor the firm's response.

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Presidential office holds emergency meeting on Coupang data breach

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South Korea's presidential office is set to hold an emergency meeting on December 25 over a massive data breach at e-commerce giant Coupang. The leak affected 33.7 million customers, undermining the company's delivery model built on social trust. A former U.S. security adviser has criticized Korean scrutiny as aggressive targeting of a U.S.-listed firm.

Following the December 18 announcement, South Korea's interagency task force investigating the Coupang data breach held its inaugural meeting on December 23 to probe the incident affecting 33.7 million users and discuss enhanced user protections.

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Following the National Assembly's two-day hearing on its massive data breach, South Korea's government pledged to pursue all legal measures against Coupang Inc., condemning the e-commerce firm's passive response and data handling lapses amid public outrage.

Police have summoned Harold Rogers, interim CEO of Coupang Corp., for questioning over the e-commerce giant's handling of a massive data breach. This comes as a special task force widens its probe into allegations including an industrial accident cover-up and deletion of website logs. Complaints have also been filed by lawmakers and civic groups against company officials.

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South Korean police have started forensic examination of a suspect's laptop, recovered by Coupang in the data breach affecting 33 million customers. The e-commerce firm claims a former employee accessed and saved data from 3,000 accounts but deleted it without external transfer—a statement dismissed by authorities as unverified.

As fallout from Coupang's massive data breach widens, more U.S. law firms are investigating potential securities law violations. The incident exposed personal data of tens of millions of users, leading to stock declines and executive resignations. Investor scrutiny is intensifying amid questions over transparency.

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Two U.S. investors have petitioned the U.S. government for an investigation into alleged discriminatory treatment of Coupang by South Korean authorities and notified Seoul of intent to file arbitration claims. Coupang denied any involvement in the petition. The South Korean government refuted claims of discrimination against the company.

 

 

 

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