Feeds

Nearly HALF of South Korea hacked in insider data theft

Temporary contractor cuffed after credit card swipe

The Essential Guide to IT Transformation

The personal details of as many as 20 million South Koreans may have been exposed after an employee at a credit ratings firm was arrested on suspicion of selling the records to marketing firms.

The temporary consultant, who worked at the Korea Credit Bureau (KCB), is suspected of lifting the data from the servers of KB Kookmin Card, Lotte Card, and NH Nonghyup Card, before selling it to phone marketing companies.

The data included customer names, social security numbers, credit card numbers and expiry dates, the Korean Financial Supervisory Service (FSS) said in a statement seen by AAP.

"The credit card firms will cover any financial losses caused to their customers due to the latest accident," the regulator said.

An investigation has also been launched into whether the security measures the affected firms had in place weren't up to scratch.

This kind of thing is not unheard of in South Korea.

In 2012, two hackers were arrested for illegally obtaining the personal details of 8.7 million KT mobile customers before selling it on to telemarketing firms.

A year earlier, a breach at South Korean game developer Nexon exposed data on 13 million subscribers, while local retailer Shinsegae and several others were hit in 2010 in an attack which stole 20 million customer account details.

However, the biggest to date remains the attacks on the Cyworld social networking website and the Nate web portal, which breached personal info on as many as 35 million users.

To put that in perspective, there are around 50 million people living in the north-east Asian nation today. ®

Build a business case: developing custom apps

More from The Register

next story
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
'Things' on the Internet-of-things have 25 vulnerabilities apiece
Leaking sprinklers, overheated thermostats and picked locks all online
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
Only '3% of web servers in top corps' fully fixed after Heartbleed snafu
Just slapping a patched OpenSSL on a machine ain't going to cut it, we're told
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Tor attack nodes RIPPED MASKS off users for 6 MONTHS
Traffic confirmation attack bared users' privates - but to whom?
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.