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Park Dae-joon has resigned from his position as CEO of South Korean retail giant Coupang, after a data breach exposed the personal information of more than half of the country’s population.
Park apologized in a statement for the violation, citing a “deep sense of responsibility for the outbreak and subsequent recovery process.”
He replaced Kupang Park with Harold Rogersa senior lawyer at Coupang’s US-based parent company, according to a machine translation of Company statement.
The retail giant, which is often compared to Amazon due to its dominance of e-commerce and logistics in South Korea, last month revealed details Data breach affecting nearly 34 million people. The breach allegedly began in June but went unnoticed until November, when Coupang initially said the data of more than 4,500 customers had been stolen. The company later revised that number significantly upward.
The Coupang hack is the latest A series of security incidents Which affected giant companies and the central government across the country this year, including a data center fire that led to a massive conflagration, Irrecoverable loss of South Korean government data.