Coupang CEO Park Dae-jun has resigned following the company’s recent data breach, which exposed the personal information of over 30 million individuals in South Korea. The incident is considered the largest data breach in the country’s history and has drawn significant scrutiny from regulators and the public.
The breach reportedly occurred due to a security lapse, raising concerns about the company’s data protection measures. In response to the incident, Coupang has pledged to improve its cybersecurity protocols and enhance user data privacy safeguards. The resignation of Park Dae-jun marks a major leadership change amidst the ongoing investigation and efforts to address the breach’s fallout.
Industry experts note that the event has heightened awareness around data security in South Korea’s rapidly growing e-commerce sector. Authorities continue to investigate the breach, and Coupang has stated it will cooperate fully with regulatory agencies. The company emphasized its commitment to restoring customer trust and ensuring such incidents are not repeated in the future.