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Coupang Breach and Cybersecurity Market Winners and Losers

Coupang ($CPNG) says leaked customer data was deleted, but South Korea says probe still ongoing

WHAT HAPPENED

Coupang says a former employee downloaded personal info tied to about 3,000 customers and later deleted it without sharing it with any 3rd party.

South Korea’s Ministry of Science says the investigation is still ongoing and it has not confirmed Coupang’s deletion claim, and it criticised Coupang for making a unilateral disclosure before conclusions were reached.

Context: this comes after broader reporting around a much larger breach exposure and legal/regulatory fallout, including a…

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