In a breach case that was first revealed in August 2008, a former Countrywide employee has been sentenced: A former employee of mortgage lender Countrywide Financial Corp. was sentenced Tuesday to eight months in prison and ordered to repay $1.2 million after pleading guilty to downloading millions of borrower files on thumb drives and selling…
Category: Financial Sector
Hana SK Card joins the ranks of South Korean firms suffering data leaks
Kang Seung-woo reports: A succession of data leaks are besieging local credit card issuers as the latest version of online security breach has taken place at Hana SK Card. The continuous irregularities are keeping customers on their toes amid mounting worries about faulty online security. According to the card issuer, its telemarketing employee leaked not…
Bank’s credit card bills found dumped
Ellen Jia reports: At least 500 credit card bills were found dumped at a recycling station in the Pudong New Area yesterday, raising concerns over a possible leak of bank customers’ personal information. The bills, in more than 10 bunches of 50 each, were from the Shanghai Pudong Development Bank. The bank and the Pudong…
Credit Union MasterCard “glitch” reveals personal information
David Giles reports: It was not the type of password reset Patty Oglivie-Evans was expecting when she reset her Credit Union MasterCard password Wednesday morning. Oglivie-Evans was having trouble logging into her account and when she decided to reset her password, she ended up seeing another persons’ account history. […] That information included yearly salary,…
Samsung Card latest in line of data leaks
Kim Ji-hyun reports that criticism of Samsung Card is starting to pile up following its recent breach disclosure following an insider data leak: Samsung Card, one of the nation’s leading credit card companies, is under fire for trying to downplay the leak of clients’ personal information as concerns mount over the frequent exposure of such data…
Breaches have consequences: Watchdog penalizes Hyundai Capital after data leak
A follow-up to the Hyundai Capital breach first disclosed in April. At the time, Hyundai reported that approximately 420,000 of its 1.8 million customers had their names, resident registration numbers, mobile phone numbers and email addresses compromised by hackers. Now Yonhap News reports: South Korea’s financial watchdog on Thursday decided to issue an institutional warning…