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Gov't red-faced as card data leaks lead to thefts


From: InfoSec News <alerts () infosecnews org>
Date: Fri, 11 Apr 2014 07:42:55 +0000 (UTC)

http://koreajoongangdaily.joins.com/news/article/Article.aspx?aid=2987770

Korea JoongAng Daily
April 11, 2014

Fear of hacked personal information being used in financial fraud and leading to actual losses, which the financial authorities promised was unlikely to happen, has been realized.

As a result, public mistrust and frustration is growing over the assurances by the financial authorities.

Yesterday, the financial authorities issued a warning to the public after personal information of 200,000 credit card accounts was hacked via a point-of-sale card reader at a cafe in Mokpo, South Jeolla.

Information about 200,000 credit card accounts was leaked since January from that single cafe, and the hackers withdrew cash to 268 accounts before they were caught recently.

[...]



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