HomeNewsCEO of South Korean retail big Coupang resigns after large data breach

CEO of South Korean retail big Coupang resigns after large data breach

Park Dae-jun has resigned as chief government of South Korean retail big Coupang after a data breach uncovered the private info of greater than half of the nation’s inhabitants.

In a press release, Park apologized for the breach, citing a “deep sense of accountability for the outbreak and the next restoration course of.”

Coupang has changed Park with Harold Rogers, the highest lawyer at Coupang’s U.S.-based mother or father firm, based on a machine translation of the corporate assertion.

The retail big, usually in comparison with Amazon for its dominance in South Korean e-commerce and logistics, final month revealed particulars of a data breach affecting near 34 million folks. The breach allegedly started in June however wasn’t observed till November, when Coupang initially mentioned over 4,500 prospects had their knowledge stolen. The corporate later revised that determine dramatically upward.

The Coupang hack is the most recent in a string of security incidents affecting company giants and the central authorities throughout the nation this 12 months, together with an information heart fireplace that led to an enormous, irretrievable lack of South Korean authorities knowledge.

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