Data Privacy

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Coupang founder Bom Kim delivers in-person apology for data breach at earnings call, with record sales charts in background.
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Coupang founder issues first in-person apology over data breach amid record sales

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U.S.-listed e-commerce giant Coupang Inc. reported record annual sales for 2025 despite a massive data breach that hurt fourth-quarter results. Founder and Chairman Bom Kim issued his first in-person apology to customers during Friday's earnings call. This follows a written apology in late December.

NordVPN research shows that criminals can purchase stolen credit card details online for very low prices. The findings highlight how easily such information is traded.

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Leading German business associations warn of the consequences of unpredictable US policy on transatlantic data transfers. A failure of the EU-US Data Privacy Framework would plunge companies into chaos and legal uncertainty. Holger Lösch from the BDI stressed the essential need for reliable data traffic.

South Korea's National Assembly launched a two-day hearing on Tuesday, December 30, to investigate Coupang's massive data breach affecting 33.7 million customers, following the presidential office's emergency meeting last week. Disputes persist between the government and company over the breach's scope, with the main opposition party boycotting the proceedings.

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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.

Security researchers have found that Anthropic's Claude AI can be manipulated through prompt injection to send private company data to hackers. The attack requires only persuasive language to trick the model. This vulnerability highlights risks in AI systems handling sensitive information.

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A new report highlights the massive scale of online data breaches over the past two decades. Nearly 58 billion personal data points have been exposed since 2004. The findings underscore ongoing privacy risks in the digital age.

 

 

 

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