Coupang’s Billion-Dollar Settlement Following Massive Data Breach
A historic $1.17 billion settlement by the e-commerce giant Coupang following a massive data breach that impacted over 33 million individuals. An internal employee allegedly orchestrated the cyberattack, which went undetected for several months before being linked to a former IT staff member. In response, the company has established a structured voucher system to compensate victims, including current and former customers, starting in early 2026. Beyond the immediate financial repercussions, the source emphasizes the critical importance of monitoring insider threats and maintaining robust detection systems to preserve consumer trust. It concludes by highlighting how proactive cybersecurity services can help organizations prevent similar large-scale vulnerabilities and navigate complex regulatory landscapes.
