Coupang says data breach compensation plan not tied to lawsuit waiver condition

The interim head of Coupang, the Korean unit of U.S.-listed Coupang, said Wednesday that the company's compensation plan for a recent data breach will not include any conditions requiring customers to waive their right to file lawsuits against the e-commerce giant. Responding to a question from Democratic Party of Korea's Rep. Hwang Jung-a during a parliamentary hearing, Harold Rogers, the company's interim chief executive officer (CEO), said the compensation would not be tied to a clause barring civil or criminal legal action. He also said the compensation plan would not be used as grounds to seek a reduction in potential damages should claims be filed in the future. On Monday, the company announced a compensation plan worth 1.685 trillion won ($1.17 billion), a day after Coupang founder Kim Bom-suk issued his first public apology since the massive data leak. On Nov. 29, Coupang initially confirmed that the personal information of 33.7 million customer accounts had been exposed but later offered a sharply revised-down figure. Last week, Coupang said it had identified a former employee re