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Korean Personal Data Theft as High as 40% of Population Exposed

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The personal data of 20 million South Koreans — or 40% of the country’s population — has been stolen, sparking outrage as worried consumers scramble to replace compromised credit cards.
Customer details appear to have been swiped by a worker at the Korea Credit Bureau, a company that offers risk management and fraud detection services.

The worker, who had access to various databases at the firm, is alleged to have secretly copied data onto an external drive over the course of a year and a half.
Clients of three Korean companies — KB Kookmin Bank, Lotte Card and Nonghyup Bank — were hardest hit by the data theft. Crucial personal data like identification numbers, addresses and credit card numbers were all stolen.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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