Coupang Catastrophe: CEO Resigns as Data Breach Chaos Unfolds
Coupang’s CEO Park Dae-jun resigned after a data breach affected 33.7 million customer accounts, a number close to two-thirds of South Korea’s population. Harold Rogers steps in as interim CEO to manage the crisis. Meanwhile, the police and privacy watchdogs intensify their investigations, leaving no stone unturned—or unbreached.
Hot Take:
Oh, Coupang, you’ve managed to pull off a data breach so big it could cover all of South Korea in a blanket of leaked information. With nearly two-thirds of the country’s population affected, it’s a wonder the CEO didn’t just hand in his resignation in a parachute drop! But hey, at least they didn’t leak your credit card details… just your name, phone number, email, and delivery address. No biggie, right? And now, Coupang’s office is getting more raids than a pirate ship. Yarr, matey! This e-commerce titan has turned into the Titanic, and it seems like Harold Rogers is the new captain trying to avoid any more icebergs. Good luck, Harold, you’re gonna need it!
Key Points:
- Coupang’s CEO resigned following a massive data breach affecting 33.7 million customer accounts.
- The breach involved customer names, phone numbers, email addresses, and delivery addresses.
- Police have raided Coupang’s Seoul headquarters twice, with a former Chinese national under investigation.
- Interim CEO Harold Rogers is tasked with managing the crisis and restoring customer trust.
- South Korea’s PIPC criticized Coupang for its terms of service and membership cancellation process.