Feeds

Nearly HALF of South Korea hacked in insider data theft

Temporary contractor cuffed after credit card swipe

Boost IT visibility and business value

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. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
Microsoft: We plan to CLEAN UP this here Windows Store town
Paid-for apps that provide free downloads? Really
Snowden on NSA's MonsterMind TERROR: It may trigger cyberwar
Plus: Syria's internet going down? That was a US cock-up
Who needs hackers? 'Password1' opens a third of all biz doors
GPU-powered pen test yields more bad news about defences and passwords
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Hear ye, young cyber warriors of the realm: GCHQ wants you
Get involved, get a job and then never discuss work ever again
Chinese hackers spied on investigators of Flight MH370 - report
Classified data on flight's disappearance pinched
Microsoft cries UNINSTALL in the wake of Blue Screens of Death™
Cache crash causes contained choloric calamity
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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?