Coupang Files Lawsuits over $462 Million in South Korea Fines over Data Breach
The company says the penalties are disproportionate after regulators cited a breach affecting more than 37 million users and other privacy violations.
- On Thursday, Coupang Corp. filed two administrative lawsuits with the Seoul Administrative Court challenging 620 billion won in fines imposed by the Personal Information Protection Commission over a massive data breach.
- The Commission issued a record 624.7 billion won penalty, comprising 423.6 billion won for a breach affecting about 37.5 million users and 201.1 billion won for unauthorized collection of online activity records.
- Regulators cited inadequate access controls and delayed reporting for the penalty, which under law can reach 3 percent of annual sales; Coupang averaged about 36 trillion won in annual sales over the past three years.
- Seeking to nullify the fines, the company argues that enforcement actions and calculations are disproportionate, maintaining that it implemented swift protective measures immediately following discovery of the security lapse.
- Friction between Seoul and Washington emerged following the incident, as U.S. officials and lawmakers raised concerns about whether the Korean unit of U.S.-listed Coupang Inc. faced unfair treatment in the investigation.
13 Articles
13 Articles
Coupang has initiated legal action to challenge a fine of approximately 620 billion won imposed for large-scale personal information leaks and the unauthorized collection of third-party activity records. According to industry sources on the 9th, Coupang filed a lawsuit against the Personal Information Protection Commission at the Seoul Administrative Court on the 7th seeking the annulment of the fine imposition. The Commission [last]
Channel News Asia
PressNewsAgencyCoupang files lawsuits over $462 million in South Korea fines over data breach
SEOUL, Oct 8 : E-commerce firm Coupang said on Thursday it has filed two administrative lawsuits against 620 billion won ($462.75 million) in fines imposed by South Korea's government over a data breach.The US-listed company confirmed the filing in a text message to Reuters. ($1 = 1,339.8200 won)
Coupang has filed an administrative lawsuit challenging a fine of 624.7 billion won imposed by the Personal Information Protection Commission for the leakage of personal information and the unauthorized collection of member activity records. Coupang has launched a legal response by filing for a stay of execution along with a lawsuit to cancel the disposition.
Coupang files lawsuits against 620 bil. won fine over data leak
E-commerce firm Coupang Corp. has filed lawsuits against 620 billion won ($462 million) in fines levied by a state-run data protection agency over its massive data leak, sources said Thursday. According to the sources, Coupang has filed two separate suits with the Seoul Administrative Court seeking to nullify the fines imposed by the Personal Information Protection Commission in June this year. The Commission fined Coupang a record 624.7 billion…
The News
Pakistan Live NewsCoupang files lawsuits to contest record $462 million South Korean data breach penalties
E-commerce giant Coupang has filed administrative lawsuits challenging South Korean regulatory penalties stemming from a massive data breachCoupang said on Thursday it has filed two administrative...
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