CNA reports:
Taiwanese car rental and automobile/motorcycle-sharing services platform iRent received separate fines from the Ministry of Transportation and Communications (MOTC) and Taipei City government on Thursday for data protection failings.
The popular platform is operated by Ho Ing Mobility Service, a subsidiary of Taiwanese automotive conglomerate Hotai Motor Co.
The company received the fines for a recent data leak that risked the exposure of personal data from more than 400,000 customers.
Read more at Taiwan News.
DataBreaches had recently reported that iRent already planned to compensate those impacted by the incident. That they responded so quickly with their statement about compensating people was impressive. Equally impressive is how quickly regulators investigated the incident and then issued fines. And not only that, but if the business doesn’t correct weaknesses that had been noted, there will be even more fines.