19 stories in this topic
E-commerce heavyweight, Coupang, experienced a marked downturn in the second quarter, with a considerable net loss despite an uptick in sales. This negative financial impact was primarily due to substantial penalties linked to a massive data breach in South…
The Personal Data Protection Commission (PDPC) of Singapore is currently conducting an inquiry into a cybersecurity event involving fashion retailer Love, Bonito. The company revealed recently that a vulnerability on its website might have exposed some of its…
Travel booking platform, Booking.com, recently experienced a data breach, potentially exposing user data to unauthorized individuals. This discovery was made following the observation of suspicious activities related to several reservations. The compromised…
E-commerce behemoth, Coupang, endured a significant blow following a data breach in South Korea, leading to a loss in its fourth quarter. The company’s profits plummeted and its revenue failed to meet analyst predictions, reflecting the extensive impact of…
Woolworths, a prominent supermarket chain, has recently been cautioned about potentially violating the Grocery Industry Competition Act. This situation arose due to the delisting of certain products in its New Zealand branches. Grocery Industry Competition…
In light of a severe data breach, one of the most significant in South Korea’s history, Coupang Corp’s CEO, Park Dae-jun, has resigned. The cyberattack exposed the personal details of approximately 33.7 million customers, including their names, email…
Optus Mobile, a renowned telecommunications firm, has been hit with another hefty fine of $826,320 for breaching anti-scam regulations. This recent violation pertains to its business operations under the Coles Mobile brand. Investigation and Breaches The…
Mango, a global fashion retail corporation based in Spain, has recently announced a data breach. An external marketing service provider affiliated with the retailer experienced an unauthorized intrusion, compromising customer data. Details of the Data Breach…
In an alarming development, Australian airline Qantas has confirmed a significant data breach that has jeopardized the personal information of up to six million customers. This breach came to light following a cyberattack on a third-party customer service…
Louis Vuitton’s Hong Kong branch faces scrutiny following a significant data breach that may have left the personal details of approximately 419,000 customers exposed. Investigation Launched The luxury brand’s Hong Kong office reported a data breach to the…
In June, Louis Vuitton Korea experienced a systems breach that resulted in the exposure of certain customer data, including contact information. However, the company’s South Korean division clarified last Friday that the breach did not compromise customers’…
A significant cybersecurity breach has rattled UBS, as sensitive data concerning 130,000 of its employees has surfaced on the darknet following a hacker attack on its procurement service provider. But UBS isn’t the only one feeling the heat from this…
Jollibee Foods Corporation (JFC) has reported a potential unauthorised access to its data, which might affect approximately 11 million customers. The breach compromised sensitive personal information, including dates of birth and senior citizen identification…
There has been a new security breach in the tech industry. This time, the victim was reportedly Samsung Electronics. The hackers taking responsibility for the data breach are from the Lapsus$ hacking group. Lapsus$ has leaked around 190GB of what it claims to…
Ad Standards has found that McDonald’s Australia breached rules for distinguishable advertising, as set out in the Australian Association of National Advertisers (AANA) Code of Ethics, Section 2.7. The breach occurred in an Instagram post by…
Hong Kong’s Securities and Futures Commission reprimanded and fined UBS over regulatory breaches covering various areas including transparency client suitability. The SFC fined UBS AG and UBS Securities Asia Limited HK$9.8 million ($1.26 million) and $1.75…