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Big Data Breach in South Korea Impacts over 20 Million Print E-mail
by Tom McGregor    Sun, Jan 19, 2014, 10:40 PM

Criminal hackers have stolen the personal identifications of over 20 million South Korean banking and credit card customers.

According to Channel NewsAsia, "The personal data of at least 20 million bank and credit card users in South Korea has been leaked, state regulators said Sunday, one of the country's biggest ever breaches. Many major firms in the South have seen customers' data leaked in recent years, either by hacking attacks or their own employees."

South Koreans are considered to be some of the most technological savvy people in the world. If hackers could obtain their personal information, this should sound off alarm bells to all American citizens. 

As reported by Channel NewsAsia, "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.

An employee at CitiBank Korea was arrested last week for selling the customer data of 34,000 people to a criminal syndicate.

To read the entire article from Channel NewsAsia, link here:

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