Developer steal credit card data of 20 million Koreans




Developer steal credit card data of 20 million Koreans

A South Korean software developer has been able to create a company that processes payments. Unencrypted credit card details booty The data of at least 20 million South Koreans would be resold.

Creditcard-fraude A hired software developer hit in early 2012 started with the company Korea Credit Bureau, as the South Korean government announced . There he had access to customer data from three major credit card companies. The man had to develop software to detect. Possible credit card fraud The data, including names, Social Security numbers and credit card data were encrypted and placed by the software on a USB stick and sold to a number of marketing companies. It would be more than 80 million credit card numbers of more than 20 million South Koreans.

According to the authorities, the software developer arrested and there is no evidence that the captured data is actively abused. Also some people who would have purchased credit card data would be arrested.

Besides the fact that the data was stored unencrypted three hit credit card companies would only come when the authorities had informed them. Behind the theft The companies, KB Kookmin Card, Lotte Card and NH Nonghyup Card, their apologized and promised an investigation into the matter. The South Korean financial regulator reports that the financial institutions will offset any loss of customers.


In: Technology & Gadgets Asked By: [15554 Red Star Level]

Comments are closed.

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »