South Korean e-commerce giant Coupang has been issued a 62 billion won (approximately $47 million USD) fine by the Personal Information Protection Commission for data breaches occurring last year. The penalty stems from inadequate management and protection of personal information, leading to the exposure of customer data. Coupang expressed regret over the decision and stated it will work to clarify the facts through legal proceedings. The company maintains it has been actively cooperating with investigations and strengthening its data security measures. The breach reportedly involved the leak of information from logistics operations, impacting a significant number of users. Authorities determined Coupang failed to implement sufficient safeguards to prevent the unauthorized access and use of personal data. This represents one of the largest fines ever levied in South Korea for a data privacy violation.