Coupang, the e-commerce giant often called the “Amazon of Korea,” has announced a compensation plan worth $1.17 billion for 34 million users affected by a massive data breach disclosed in November.
CNBC reports that in the wake of a major data breach that came to light on November 18, online retail behemoth Coupang has pledged to provide 1.69 trillion South Korean won ($1.17 billion) in compensation to the 34 million users impacted by the incident. The company’s interim CEO, Harold Rogers, described the move as a “responsible measure” for their customers and vowed to “fulfill its responsibilities to the end.”
Breitbart News previously reported…
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