Coupang announces $1.18 billion compensation to South Korean users for data leak

Coupang to split $1.17 billion among 33.7 million data breach victims

Coupang, the largest retailer in South Korea, announced $1.17 billion (1.685 trillion Won) total compensation for the 33.7 million customers whose information was exposed in the data breach discovered last month.

Coupang announces $1.18 billion compensation to South Korean users for data leak

South Korean e-commerce company Coupang announced on Monday a compensation deal worth 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that triggered a backlash from users and lawmakers.

Coupang Offers $1 Billion Compensation for Data Breach Victims

Coupang is offering compensation worth more than $1 billion to all customers affected by South Korea’s biggest-ever data breach.

E-commerce giant Coupang offers €1 billion compensation scheme after massive data breach

Over a month after announcing a massive data breach affecting 34 million of its users, South Korean e-commerce company Coupang announced this Monday it would offer 1.69 trillion won in compensation (around €1 billion) to customers in the form of vouchers. Also in this edition, former EU digital chief Thierry Breton gives his first interview since being sanctioned by the US. Plus, Nokia's archived mobile design plans are now open to the public.

Coupang offers $A1.7b for S Korea users after data leak

South Korea's Coupang has announced a compensation package after 33.7 million accounts were affected by a data leak.

Coupang announces $1.5 billion compensation to South Korean users for data leak

Coupang said users will get vouchers of $44 each for its various services. Read more at straitstimes.com.