posted by
LaminatorX
on Monday February 17 2014, @10:47AM
from the release-early-release-often dept.
Welcome to the new site everyone. As penance for my embarrassing triple posting earlier, I have been asked by the admins to post a link to our lovely bug tracker, which can be found at http://sylnt.us/bugs. If you notice any odd behavior around the site, please don't hesitate to submit a notice. Thank you, everyone.
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Michael Kitchen writes at Marketwatch that when companies in the US are hacked for customer information they often seem to react to such thefts with little more than a sigh and a shrug - if they even report it at all. But in South Korea, they don't mess around with ID theft. Korea's financial-services regulator announced Sunday that three firms which suffered the theft of consumers' data last year would be barred from issuing any new credit cards or extending any loans for three months [marketwatch.com]. In addition the executives at the companies involved showed their contrition by going before television cameras and making deep bows and personal apologies. Some executives reportedly resigned over the incident, even though the alleged ID thieves were caught and arrested. The South Korean Financial Supervisory Commission (FSC) said the companies had "neglected their legal duties of preventing any leakage of customer information." [bbc.co.uk]
(Score: 1) by Papas Fritas on Monday February 17 2014, @01:52PM
What am I doing wrong?
Here's the story I would like to submit:
South Korean Banks Punished for ID Theft
Michael Kitchen writes at Marketwatch that when companies in the US are hacked for customer information they often seem to react to such thefts with little more than a sigh and a shrug - if they even report it at all. But in South Korea, they don't mess around with ID theft. Korea's financial-services regulator announced Sunday that three firms which suffered the theft of consumers' data last year would be barred from issuing any new credit cards or extending any loans for three months [marketwatch.com]. In addition the executives at the companies involved showed their contrition by going before television cameras and making deep bows and personal apologies. Some executives reportedly resigned over the incident, even though the alleged ID thieves were caught and arrested. The South Korean Financial Supervisory Commission (FSC) said the companies had "neglected their legal duties of preventing any leakage of customer information." [bbc.co.uk]
Best Regards,
Papas Fritas