Nov 212019
November 21, 2019
Breaches, Business, Featured News, Non-U.S.
Wu Yujian, Zhang Yuzhe and Han Wei report:
Kaola Credit, the credit rating service of leading payment company Lakala Payment, was accused of illegally storing and selling users’ personal data for millions of dollars, a case underscoring concerns about privacy breaches in the country’s booming fintech sector.
Beijing-based Kaola Credit was among seven companies caught up in a police crackdown on illegal use of personal data in Huai’an, central China’s Jiangsu province, state broadcaster China Central Television (CCTV) reported Wednesday.
Read more on Caixin Global.
Sorry, the comment form is closed at this time.