Jun 202011
 June 20, 2011  Posted by  Breaches, Non-U.S.

AFP reports:

Hong Kong’s privacy watchdog on Monday scolded four banks for releasing customers’ personal data to third parties, accusing three of them of selling the information.The four banks – Citibank, ICBC, Fubon Bank and Wing Hang Bank – had all released customers’ personal data, while Citibank, ICBC and Fubon Bank also used the information for financial gain, Hong Kong’s privacy chief said.

“(I am) disappointed that the banks are less than forthcoming in following good privacy practices,” Allan Chiang, the city’s privacy commissioner for personal data, told reporters after releasing the results of a probe into the firms.

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