CEO Of South Korean Retail Giant Coupang Resigns After Massive Data Breach

CEO Of South Korean Retail Giant Coupang Resigns After Massive Data Breach

Coupang CEO Steps Down After Massive Data Breach In a shocking turn for South Korea’s e-commerce industry, Coupang CEO Park Dae-jun has resigned following a massive data breach that exposed personal information of over half the nation’s population. The breach, which has been described as one of the largest in South Korean history, raised serious questions about corporate security practices in the country. Credit: Jung Yeon-je / AFP / Getty Images Park issued a public apology, expressing a “deep sense of responsibility for the outbreak and the subsequent recovery process.” The resignation marks a pivotal moment for Coupang, often called the “Amazon of South Korea,” as it grapples with restoring public trust. New Leadership: Coupang Appoints Harold Rogers Coupang has named Harold Rogers, the top lawyer from its U.S.-based parent company, as the new chief executive. This leadership change signals the company’s focus on strengthening governance and legal oversight in the wake of the breach. The…