c/technology · by drmoose@lemmy.world · 229d

Coupang e-commerece announces $1.18 billion compensation to South Korean users for data leak

https://www.reuters.com/world/asia-pacific/coupang-announces-118-billion-compensation-south-korea-users-data-leak-2025-12-29/

South Korean e-commerce company Coupang (CPNG.N), opens new tab announced on Monday a compensation deal worth 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that triggered a backlash from users and lawmakers.

Coupang said customers will get company vouchers of 50,000 won (35 usd) each.

31 points · 4 comments · view on lemmy.world

4 Comments

Object@sh.itjust.works · 13 pts · 229d (1 reply)

Not money, but fucking vouchers.

drmoose@lemmy.world · 3 pts · 229d

Apparently personal data was only worth 35 usd in vouchers lol

We've seen awful practices in data breach compensation but this feels like satire

napkin2020@sh.itjust.works · 9 pts · 229d (1 reply)

50,000 won vouchers
5,000 for food delivery
20,000 only for tour packages that no one even knew it existed
20,000 only for luxury shit that 99% costs more than 100,000
5,000 for normal, actual shit people would use Coupang for.

drmoose@lemmy.world · 3 pts · 229d

Oh wow so it's not even 35 usd of actual value. Crazy