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Boardroom scene of Coupang executives facing Q1 net loss and data breach fallout.
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Coupang swings to Q1 net loss amid data breach fallout

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U.S.-listed e-commerce giant Coupang swung to a net loss in the first quarter amid fallout from a massive customer data breach in South Korea. The company posted a $266 million deficit for January-March, compared with a $114 million profit a year earlier. Founder and Chairman Bom Kim said one-time vouchers and temporary inefficiencies from weaker demand were key factors.

Tata Electronics has confirmed a data breach after hackers claimed to have stolen a large database containing files related to Apple and Tesla.

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Researchers have uncovered a large-scale compromise of Fortinet firewalls that exposed plaintext credentials for nearly 74,000 devices across 194 countries. The breach affects organizations including Oracle, Chevron, Lenovo, FedEx, and Fortinet itself, along with a NATO defense contractor.

Hong Kong’s Hospital Authority apologised on Saturday for a data breach affecting more than 56,000 patients from Kowloon East hospitals. The privacy watchdog and police are investigating after unauthorised retrieval of patient data was detected around 2am on Friday.

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Meta has halted all collaboration with data firm Mercor following a significant security breach at the startup. The indefinite pause comes as the company investigates the incident's impact. Other leading AI labs are also reviewing their ties to Mercor amid concerns over exposed training data.

Optimizely, a leading ad tech firm, has been hit by a data breach. The incident, which points to involvement by the hacking group ShinyHunters, could impact around 10,000 companies. Details emerged in a report published on February 24, 2026.

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SK Telecom gained 342,000 customers through mobile number portability last month, boosted by KT's waiver of early termination fees following a major data breach. This marked a 184.7 percent increase from the previous month, with most switchers coming from KT. The fee waiver was part of KT's compensation measures after a September data leak that led to unauthorized micropayments.

 

 

 

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