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

Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨drmoose@lemmy.world⁩ to ⁨technology@lemmy.world⁩

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.

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Object@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago
Not money, but fucking vouchers.

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- drmoose@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  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
  
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napkin2020@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago
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.
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- drmoose@lemmy.world ⁨3⁩ ⁨weeks⁩ ago
  Oh wow so it’s not even 35 usd of actual value. Crazy
  
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