Coupang's Cybersecurity Breach Weighs on Q4 Performance

Coupang, a South Korean e-commerce leader, was negatively impacted by a large cybersecurity breach in Q4 2025, affecting tens of millions of customer records. The breach triggered regulatory risk, potential fines, and reputational concerns, hurting the stock. However, it was later discovered that the breach impacted fewer customers than originally reported, and Carillon Scout Mid Cap Fund expects Coupang to recover fully from the breach.