Coupang has formed a seven-member Information Security Advisory Committee to overhaul its security systems and rebuild public confidence after a customer data breach affecting more than 33 million users. The panel includes Coupang Chief Information Security Officer Brett Matthes, Kim & Chang senior adviser Eumene Kang and Seoul National University of Science and Technology professor Kim Hyun-kyung, alongside specialists in information security, law, management and information technology. At its first meeting on Sept. 15, members reviewed regulatory changes, rising security threats and possible countermeasures. The committee will meet quarterly to advise on security policies and issues, with Coupang saying it intends to incorporate its recommendations into internal policies and work processes. The company was fined 624.7 billion won ($460 million) by the Korean government in June over the breach, which was disclosed in November last year and affected about 68% of South Korea's population. Coupang Inc., the U.S.-listed parent, generates more than 90% of its revenue from Korean operations.