Core Insights - Coupang, Inc. experienced a significant drop in share price, falling over 13% due to a report of an additional 165,000 user data being leaked, compounding the previously reported 33 million users affected by a major security breach [1][2] - The interim CEO, Harold Rogers, is under investigation for potential perjury related to statements made about the breach, specifically regarding the involvement of the Korean government in the investigation [2] - A securities class action lawsuit has been initiated, representing investors who acquired Coupang securities between May 7, 2025, and December 16, 2025, due to alleged misleading statements about the company's cybersecurity measures [3][4] Company Developments - The data breach reportedly affected 33.7 million accounts and was executed by a former employee using authentication keys that remained valid post-departure, leading to a $1.2 billion compensation plan and the resignation of the CEO, resulting in a loss of over $8 billion in market value [4] - Following the class period, Coupang filed a report with the SEC indicating that its investigation was conducted under the direction of the government, which raises questions about the accuracy of previous statements made by the company [5] - The investigation is focused on why Coupang's security measures failed to detect unauthorized access to sensitive customer data by a former employee [6]

Core Viewpoint - Coupang, Inc. is facing significant challenges following a major data breach that has led to a substantial drop in share price and legal actions against the company [1][4]. Group 1: Data Breach and Financial Impact - On February 5, 2026, Coupang's shares fell over 13% after a report revealed an additional 165,000 users' data was leaked, compounding the previously reported 33 million users affected [1]. - The breach, which impacted 33.7 million accounts, was allegedly executed by a former employee using authentication keys that remained valid long after their departure, resulting in a $1.2 billion compensation plan and a CEO resignation, wiping out over $8 billion in market value [4]. Group 2: Legal and Regulatory Developments - An interim CEO, Harold Rogers, is under investigation by South Korean authorities for potential perjury related to statements made about the breach during a National Assembly hearing [2]. - A securities class action lawsuit has been initiated, seeking to represent investors who acquired Coupang securities between May 7, 2025, and December 16, 2025, alleging that the company misled investors about its cybersecurity measures [3][4]. Group 3: Company Statements and Investigations - Following the breach, Coupang filed a report with the SEC stating that its investigation was conducted under the direction of the government, which has raised questions about the accuracy of previous statements made by the company [5]. - The firm Hagens Berman is leading an investigation into the claims, focusing on why Coupang's threat visibility failed to detect the former employee's access to sensitive customer data [6].

Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors regarding its cybersecurity practices, leading to significant losses during the specified class period from May 7, 2025, to December 16, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Coupang's inadequate cybersecurity allowed a former employee to access sensitive customer information for nearly six months without detection [3]. - As a result of the cybersecurity incident, Coupang's CEO resigned, which contributed to the decline in investor confidence and financial losses [3]. Group 2: Investor Information - Investors who purchased Coupang securities during the class period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - Interested investors can contact Berger Montague for more information regarding their rights and the lawsuit [4]. Group 3: Law Firm Background - Berger Montague is a prominent law firm specializing in complex civil litigation and class actions, with a history of recovering over $50 billion for clients [5]. - The firm has achieved more than $2.4 billion in post-trial judgments in 2025 alone, indicating its strong position in the legal field [5].

Core Insights - The South Korean government attributed a significant data leak at Coupang to management failures rather than a sophisticated cyberattack, urging the company to enhance its security systems [1][3]. Investigation Findings - A government-led probe revealed that a former Coupang engineer exploited flaws in the authentication process, leading to unauthorized access from April to November, with prior attempts in January [2][4]. - The breach compromised personal data of approximately 33.7 million customers, including names and phone numbers [4]. Company Response - Coupang stated it would take necessary measures to prevent future incidents and claimed that the data accessed did not include payment or login information [5][6]. - The company acknowledged that data from around 3,000 user accounts was deleted and asserted that no secondary harm had occurred [6]. Security Concerns - The ministry criticized Coupang for inadequate security measures, particularly for failing to invalidate the signing key of the former employee who had access to the authentication system [7][8]. - Recommendations were made for Coupang to implement a detection and blocking system for unauthorized electronic access [8]. Legal and Regulatory Issues - Coupang is facing a tax audit and a legal complaint from the South Korean parliament due to non-compliance with parliamentary hearings [10]. - The company is also accused of violating information-network laws by not reporting the breach within the mandated 24-hour period, which could result in an administrative fine of up to 30 million won (approximately $20,596) [11].

韩国有关部门周二表示，电商巨头Coupang必须修复其安全系统中的漏洞，官方认为正是这些漏洞导致 了该公司大规模数据泄露事件。 韩国科学部公布了由政府主导的此次事件的初步调查结果，称数据泄露系Coupang前工程师所为，此人 知晓认证系统存在漏洞。调查记录显示，该前员工曾于2025年1月试图非法访问系统；而数据泄露事件 发生在4月，并一直持续到11月。 在美国上市的Coupang公司旗下的韩国Coupang，遭遇了韩国史上最严重的数据泄露事件之一。在美国 官员对在美科技企业的待遇表达关切后，这一事件加剧了韩美之间的贸易摩擦。 韩国科学部表示，调查已确认约3370万名客户的个人信息遭到泄露。 该部门称："攻击者利用用户身份认证漏洞，在未正常登录的情况下访问用户账户，造成了大规模的信 息非法泄露。" 该部门指控这名前员工窃取了名为签名密钥的内部安全密钥，并用其生成伪造登录令牌，从而非法访问 客户账户。 通报称，这名前工程师曾参与设计和开发Coupang部分用户认证系统，而公司在该员工离职后，既未能 检测到伪造登录行为，也未及时更换签名密钥。 韩国有关部门周二表示，电商巨头Coupang必须修复其安全系统中的漏洞， ...

Core Viewpoint - South Korean authorities have identified security vulnerabilities in Coupang's systems, which led to a significant data leak at the company [1] Group 1 - Coupang, a major player in the e-commerce sector, is under scrutiny for its security measures following a data breach [1] - The authorities have mandated that Coupang must address and rectify the identified security flaws to prevent future incidents [1]

New York, New York--(Newsfile Corp. - February 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Coupang, Inc. (NYSE: CPNG) between August 6, 2025 and December 16, 2025, both dates inclusive (the "Class Period"), of the important February 17, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHAT: If you purchased Coupang securities during the Class Period you may be entitled to compensation without payment of any out ...

Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors about its cybersecurity measures, leading to significant financial losses following a major data breach affecting over 33 million customers [1][2][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired Coupang securities between May 7, 2025, and December 16, 2025 [1]. - Investors have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - The complaint claims that Coupang's inadequate cybersecurity safeguards heightened the risk of a data breach [2]. Group 2: Cybersecurity Incident - In November 2025, disclosures revealed a data breach that compromised sensitive personal information of more than 33 million customers [3]. - Following the breach, Coupang's stock price experienced significant declines, with the company acknowledging the cybersecurity event on December 16, 2025 [3]. - This incident is noted as the largest cybersecurity event in South Korea's history [3].

Core Insights - Coupang, Inc. experienced a significant drop in share price, falling over 13% due to a report of an additional 165,000 user data being leaked, compounding the previously reported 33 million users affected by a major security breach [1][2] - The interim CEO, Harold Rogers, is under investigation for potential perjury related to statements made about the breach, which has raised concerns about the company's transparency and governance [2] - A securities class action lawsuit has been initiated, representing investors who acquired Coupang securities between May 7, 2025, and December 16, 2025, alleging that the company misled investors regarding its cybersecurity measures [3][4] Company Developments - The data breach reportedly affected 33.7 million accounts and was executed by a former employee who retained access through valid authentication keys long after leaving the company [4] - Coupang has announced a $1.2 billion compensation plan in response to the breach, which has resulted in a loss of over $8 billion in market value [4] - Following the breach, Coupang stated that its investigation was conducted under the direction of the government, which contradicts earlier claims made by the interim CEO [5] Legal and Regulatory Actions - The ongoing investigation by Hagens Berman focuses on why Coupang's security measures failed to detect unauthorized access to sensitive customer data [6] - Whistleblowers with non-public information regarding Coupang are encouraged to come forward, with potential rewards under the SEC Whistleblower program [6] - The class action lawsuit seeks to hold Coupang accountable for allegedly misleading statements about its security protocols and the handling of the data breach [4][3]

U.S.-listed South Korean e-commerce company Coupang confirmed on Thursday [Feb. 5] that the data of an additional 165,000 users was leaked in a major security breach, which a South Korean government official said had shaken the country’s alliance with the U.S.Coupang Korea has been under a South Korean government probe over the leak last year of personal data affecting more than 33 million customers, which has created friction between the allies over trade and security ties. Coupang said on Thursday it had ...