Yonhap News reports that penalties imposed by financial regulators following data leaks may really hurt card issuers’ bottom lines this year: The three credit card firms hit by recent massive data leaks may lose some 100 billion won (US$93.6 million) in revenues due to a three-month business suspension ordered by the country’s financial regulator, data…
Category: Non-U.S.
AU: Asylum seekers’ identities revealed in Immigration Department data lapse
Oliver Laughland, Paul Farrell and Asher Wolf report: The personal details of a third of all asylum seekers held in Australia – almost 10,000 adults and children – have been inadvertently released by the Department of Immigration and Border Protection in one of the most serious privacy breaches in Australia’s history. A vast database containing…
Well.ca loses customer credit card data in security breach
Candice So reports: Well.ca, a Canadian online retailer for health and beauty products, has suffered a data breach, potentially losing the credit card information of some of its customers. In an email to its customers today, Well.ca said one of its service providers was “illegally compromised” between Dec. 22, 2013, and Jan. 7, 2014. The company…
Global hackers hit Venezuelan government, servers ‘falling like dominoes’
Jeb Boone reports: Hackers around the world are setting their sights on Venezuela’s government web properties following violent repression against anti-government protesters and instances of internet censorship. Already, hacker groups have defaced, deleted and waged DDoS (distributed denial of service) attacks on Venezuelan government and military sites. Spearheaded by South American Anons, as the hackers…
AU: NT government proposes identify theft, card skimming penalties
Computerworld Australia staff report: Proposed amendments to the Northern Territory’s Criminal Code would make it an offence to collect and store identification details about another person for the purposes of identity theft. Under current legislation, a person who obtains someone else’s ID details can’t be prosecuted until they commit a crime. Speaking in the NT…
KR: Shinhan Bank allegedly snooped into accounts of politicians
Na Jeong-ju reports: Shinhan Bank may face punishment by regulators for allegedly illegally accessing hundreds of bank accounts held by its customers, including politicians, sources said Monday. The Financial Supervisory Service (FSS) is currently looking into claims by an opposition lawmaker last year that the bank accessed bank accounts held by 22 people, including 16…