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Coupang CEO Resigns as Police Raid Headquarters for Second Day Over Massive Data Breach

The breach exposed contact and delivery details for about 33.7 million customers but did not include payment data or passwords.

Overview

  • Seoul police searched Coupang’s Songpa headquarters for a second straight day, seizing records in a widening criminal probe of the leak.
  • Investigators have reportedly secured the intrusion IP and a warrant names a former employee, identified as a Chinese national, as a suspect in the case.
  • CEO Park Dae-jun stepped down taking responsibility for the incident, with U.S. parent company executive Harold Rogers appointed interim chief.
  • Coupang says the intrusion began via overseas servers on June 24 and was detected last month before being disclosed publicly on Nov. 29.
  • The government demanded accountability and compensation plans as class-action litigation advances, including a suit filed in the United States.