Washington’s focus on online retailer Coupang has led to accusations that the Trump administration is tying issues of national security to domestic corporate matters
When South Korea’s biggest online retailer revealed last year that a data breach had compromised tens of millions of customer accounts, it appeared to be a corporate crisis. But five months later the issue has grown into a diplomatic storm, threatening to further degrade relations between Seoul and the Trump administration.
Coupang – often described as South Korea’s answer to Amazon – is nominally a Korean company but operates from Seattle, is listed on the New York Stock Exchange, and is run by Korean-American billionaire Bom Kim. In November last year the company disclosed that a former employee had stolen an internal security key, enabling unauthorised access to data from 33.7 million users.
Continue reading...https://www.theguardian.com/world/2026/apr/24/coupang-data-breach-south-korea-us-relations
Washington’s focus on online retailer Coupang has led to accusations that the Trump administration is tying issues of national security to domestic corporate matters
When South Korea’s biggest online retailer revealed last year that a data breach had compromised tens of millions of customer accounts, it appeared to be a corporate crisis. But five months later the issue has grown into a diplomatic storm, threatening to further degrade relations between Seoul and the Trump administration.
Coupang – often described as South Korea’s answer to Amazon – is nominally a Korean company but operates from Seattle, is listed on the New York Stock Exchange, and is run by Korean-American billionaire Bom Kim. In November last year the company disclosed that a former employee had stolen an internal security key, enabling unauthorised access to data from 33.7 million users.
Continue reading...Source: Guardian
Source Link: https://www.theguardian.com/world/2026/apr/24/coupang-data-breach-south-korea-us-relations