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# Coupang hit with record $409 million data breach fine in Korea

**[BleepingComputer](https://daily.dev/sources/bleepingcomputer)** · 3 min read · 0 upvotes · 0 comments

## Summary

South Korea's Personal Information Protection Commission (PIPC) has fined e-commerce giant Coupang a record 624.6 billion won (~$409 million) after a data breach exposed personal information of approximately 37.55 million customers. The breach was attributed to a former IT employee, a Chinese national who worked at Coupang from 2022 to 2024, and stemmed from inadequate security practices including failures in authentication key management and access controls. Coupang also faces violations related to data destruction, leak-notification requirements, and obstruction of the investigation. Separately, Coupang had already announced plans to pay roughly $1.17 billion in compensation to over 33 million affected customers. The breach is considered one of the worst in South Korea's history.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://www.bleepingcomputer.com/news/security/south-korea-hits-coupang-with-record-409-million-fine-over-data-breach>

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Tags: [#security](https://daily.dev/tags/security), [#data-privacy](https://daily.dev/tags/data-privacy), [#data-breach](https://daily.dev/tags/data-breach)

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