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Bank Info Security 7 months, 2 weeks ago

South Korean E-Commerce Giant Coupang Probes Massive Breach

Chinese Developer Formerly Employed by Company Suspected of Data TheftSouth Korea's biggest online retailer, Coupang, said a five-month breach exposed personal data pertaining to 34 million customers, and only came to light after it received an extortion demand. Police said a former developer at the company, a Chinese national who fled the country, is a suspect.

Bank Info Security 1 year, 4 months ago

South Korea Keeps DeepSeek AI Chatbot Off App Stores

Regulators Cite Privacy Concerns Over DeepSeek's Data Collection PracticesThe Personal Information Protection Commission, South Korea's data protection regulator, has directed Chinese artificial intelligence company DeepSeek AI to withdraw its chatbot application from official app stores pending an inquiry into the chatbot's compliance with data protection rules.

The U.S. Department of Justice (DoJ) has issued a final rule carrying out Executive Order (EO) 14117, which prevents mass transfer of citizens' personal data to countries of concern such as China (including Hong Kong and Macau), Cuba, Iran, North Korea, Russia, and Venezuela

Attorney James Gong Examines Upcoming Regulations Related to Non-Personal DataIn 2025, companies in China will face additional obligations when data protection audits become mandatory, setting a new benchmark for compliance with privacy laws. China is also expected to introduce regulations on non-personal data to establish a framework for ethical and secure data usage.

Krebs on Security 2 years, 3 months ago

The Not-so-True People-Search Network from China

It's not unusual for the data brokers behind people-search websites to use pseudonyms in their day-to-day lives (you would, too). Some of these personal data purveyors even try to reinvent their online identities in a bid to hide their conflicts of interest. But it's not every day you run across a US-focused people-search network based in China whose principal owners all appear to be completely fabricated identities.

Bank Info Security 2 years, 3 months ago

US House Passes Bill Curbing Data Sales to Foreign Foes

The Vote to Restrict the Sale of Americans' Sensitive Personal Data Is UnanimousThe House voted Wednesday to pass the Protecting Americans' Data from Foreign Adversaries Act, a bill that would provide the FCC with enhanced authorities to seek up to $50,000 in civil penalties against data brokers that sell Americans' sensitive information to countries such as Russia and China.

Bank Info Security 2 years, 4 months ago

Biden Executive Order Targets Bulk Data Transfers to China

New Order Tasks Department of Justice with Developing Data Transfer ProtectionsU.S. President Joe Biden is set to sign Wednesday an executive order aimed at preventing the large-scale transfer of Americans' sensitive personal data to countries including China. The order will set off a rulemaking process spearheaded by the Department of Justice.

Biden readies executive order targeting China, Russia, and pals US President Joe Biden is expected to sign an executive order today that aims to prevent the sale or transfer of Americans' sensitive personal information and government-related data to adversarial countries including China and Russia.…

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