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Hackers hit South Korea users, stealing credit card data on customers

South Korea is dealing with another large credit and bank account information data theft, following a massive breach earlier in the year, reports note.

Published Fri, Apr 11 2014 5:08 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Cybercriminals have compromised at least 200,000 credit card owners in South Korea, with forged credit cards and fraudulent charges being reported. South Korean police authorities have identified more than 250 cases of fraudulent charges, and expect that number to increase as customers are notified to look for suspicious activity.

Hackers hit South Korea users, stealing credit card data on customers | TweakTown.com

The hacker successfully breached a company in South Korea responsible for managing card payment processing terminals, collecting credit card numbers, expiration dates, and loyalty card passwords, according to the Financial Supervisory Service (FSS).

The FSS found credit information from three credit card companies and one bank were leaked, with two of the credit card companies already publicly punished for significant data breaches. Earlier in the year, more than 100 million South Korean credit card and bank accounts were compromised, with bank officials resigning and facing heavy scrutiny from government officials.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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