Online commerce platforms on alert as Coupang set to face fine over data leak

Korean online platforms were seen carrying out emergency reviews of their data protection status, with Coupang widely expected to face major fines following a data breach, sources said Monday. On Saturday, the U.S.-listed e-commerce giant said personal information of 33.7 million customers has been compromised, far higher than the 4,500 cases it initially believed to have been affected. The figure indicates that nearly all Coupang users may have had their personal information, including names, phone numbers, email addresses and delivery details, leaked. Coupang, which provides overnight delivery of fresh food and daily necessities, is one of the most widely used shopping platforms in Korea with 34 million monthly active users in November, up 0.68 percent from a month earlier. Under Korea's privacy law, companies with a data breach can face fines of up to 3 percent of their revenue. SK Telecom Co., the country's top mobile carrier, received a fine of 134.8 billion won ($91.7 million) after a breach in April. "We carried out an emergency internal security check over the weekend," said an ofWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times