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Category: Business Sector

Kr: Nate, Cyworld users pursue class action amid identity theft fears

Posted on August 2, 2011 by Dissent

Kim Yoo-chul reports: The situation can’t get any worse for SK Communications, the operator of Cyworld and Nate, following a hacking attack that compromised the personal information of 35 million of its customers. Stock prices of the Internet unit of the telecommunications giant SK Telecom plummeted. Officials admitted that the recent data loss may taint…

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(Update) Ru: Web Stores Sued Over Data Leaks

Posted on August 1, 2011 by Dissent

Khristina Narizhnaya reports: An independent consumer rights watchdog has sued 10 of about 80 online stores whose customers’ personal information became available last week on the Internet, hoping to set a precedent for further privacy breach lawsuits. The Consumer Union of Russia wants the companies to admit that they broke the law by not preventing…

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IN: Man nabbed for data theft

Posted on August 1, 2011 by Dissent

S Ahmed Ali reports: MUMBAI: A private data consultancy firm employee, who quit the job after allegedly selling data to a rival company for money, was arrested by sleuths of the Mumbai Cyber cell on Thursday. Sagar Deepak More, 28, a data executive with a US-based company in Mumbai, was arrested under the Information Technology…

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Data stolen from 35 million South Korean social networking users

Posted on July 29, 2011 by Dissent

Graham Cluley writes:   Hackers have broken into the popular South Korean websites Nate and Cyworld earlier this week, and stolen information about 35 million social networking users. Names, email addresses, phone numbers and resident registration numbers of users are said to have been compromised. The BBC reports that the Korean Communications Commission has pointed the finger…

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Ru: Internet Shopping Data Compromised

Posted on July 29, 2011 by Dissent

First it was Megafon leaking SMS history and having it indexed on Yandex’s search engine. Now there’s a bigger breach. Natalya Krainova of The Moscow Times reports: A third Internet leak in just a week has exposed the private shopping habits of people at more than 80 online stores, including those selling model cars, perfume…

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AU: Westpac cans cards as AFP investigates breaches

Posted on July 29, 2011 by Dissent

Luke Hopewell reports: Westpac has this week confirmed that it has canned the cards of an undisclosed number of customers following a fresh merchant data breach. The breach comes as the Australian Federal Police (AFP) opens a new investigation into recent merchant data compromises. Westpac told ZDNet Australia this week that merchant data breaches are…

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