Feeds

Nearly HALF of South Korea hacked in insider data theft

Temporary contractor cuffed after credit card swipe

Using blade systems to cut costs and sharpen efficiencies

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. ®

Boost IT visibility and business value

More from The Register

next story
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
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
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
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
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.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.