identity theft Archives | Be Korea-savvy
Major Data Breaches Over a Decade Create a Complete “Digital Profile” of Koreans, Experts Warn

Major Data Breaches Over a Decade Create a Complete “Digital Profile” of Koreans, Experts Warn

SEOUL, Dec. 9 (Korea Bizwire) — A series of massive data leaks over the past decade, culminating in a recent breach involving 33.7 million Coupang accounts, has created a landscape in which personal information circulates widely and can now be used to reconstruct an individual’s identity and daily habits with alarming precision. While each incident may [...]

Kakao Pay Moves to Rapidly Compensate Victims of Identity Theft

Kakao Pay Moves to Rapidly Compensate Victims of Identity Theft

SEOUL, July 6 (Korea Bizwire) – Kakao Pay, a mobile payment platform operated by South Korean IT behemoth Kakao Corp., will be introducing a more customer-friendly policy in the event of identity theft, which is on the rise as consumer payment patterns shift online. According to sources knowledgeable with the company, Kakao Pay will offer [...]