20 million people in South Korea fall victim to latest data leak
Published on Jan 19, 2014 5:59 PM
SEOUL (AFP) - The personal data of at least 20 million bank and credit card users in South Korea has been leaked, state regulators said on Sunday, one of the country's biggest ever breaches.
Many major firms in South Korea have seen customers' data leaked in recent years, either by hacking attacks or their own employees.
In the latest case, an employee from personal credit ratings firm Korea Credit Bureau (KCB) has been arrested and accused of stealing the data from customers of three credit card firms while working for them as a temporary consultant.
Seoul's financial regulators on Sunday confirmed the total number of affected users as at least 20 million, in a country of 50 million.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!