InfoSecBulletin Cybersecurity for mankind
Coupang, a South Korean e-commerce company, announced on Monday a 1.69 trillion won ($1.18 billion) compensation deal for 33.7 million affected accounts due to a major data leak, which upset users and lawmakers. Each customer will receive vouchers worth 50,000 won.
Coupang founder Kim Bom apologized for last month’s data breach and promised quicker compensation. However, he will miss parliamentary hearings on Tuesday and Wednesday due to prior commitments.
Microsoft Patches CVSS 10.0 Azure AI Foundry Vulnerability Allowing Privilege Escalation
AWS is unable to restore access to Bahrain, one UAE cloud data zone after war damage
Cisco Warns of Critical ISE 0-Day Flaw and Hackers Allegedly Selling Fortinet FortiGate 1-Day Flaw
Anthropic prepares “Claude Money” to analyze bank account and financial data
GhostCode Phishing Kit Evades Microsoft 365 MFA to Hijack Accounts in 78 Seconds
CISA Warns of Cisco Secure Email Gateway 0-Day Flaw Actively Exploited in Attacks
VPN flaw exposed 246,000 personnel records in japan
Hackers deploy Casbaneiro Trojan that activates on bank websites
German police read Signal, Telegram, WhatsApp messages without breaking encryption
Urgent Patch! cPanel, GitLab Flaws Expose Users to RCE, File and Credential Theft
Critics are voicing concerns about Coupang’s choice to offer compensation exclusively as vouchers redeemable on its own services.
Choi Min-hee, a lawmaker of the ruling Democratic Party and chair of the National Assembly’s Science, ICT, Broadcasting and Communication committee, said in a Facebook post that Coupang was “bundling coupons for services no one uses,” criticising the company for offering vouchers tied to its less popular services.
She added that Coupang appeared to be trying to turn the crisis into a business opportunity.
The Korea National Council of Consumer Organizations criticized Coupang’s plan for trivializing the data breach, calling it a marketing tactic to boost sales instead of a genuine effort to make amends.
When asked about public criticism of its compensation plan, Coupang said it had no further comment. South Korea’s parliament plans to hold two days of hearings on Coupang starting on Tuesday.
