Coupang launches information security committee after data leak
E-commerce giant Coupang Corp. said Tuesday it has launched an information-dedicated committee to overhaul its security system and bolster public confidence in the company. The move comes months after the company was slapped with a record fine of 624.7 billion won ($460 million) by the Korean government in June over a massive customer data leak late last year. "We will continue to improve our…
E-commerce giant Coupang Corp. has established an information security committee to overhaul its security system and boost consumer confidence following a data breach that resulted in a record fine. The company was fined 624.7 billion won ($460 million) by the Korean government in June for a massive customer data leak. Coupang intends to enhance its security system by leveraging the knowledge and skills of specialists while aiming to surpass global security standards.
The newly formed Information Security Advisory Committee comprises seven experts, including Coupang's Chief Information Security Officer Brett Matthes, senior law adviser Eumene Kang, and Professor Kim Hyun-kyung from Seoul National University of Science and Technology. During their inaugural meeting, the committee members discussed recent changes in laws and regulations, emerging security risks, and potential measures to address them.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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