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Apple, Alipay drawn into South Korean probe over KakaoPay data-breach allegations

By Jenny Lee ( September 11, 2024, 06:30 GMT | Insight) -- Alipay and Apple are now caught up in a widening probe by South Korea's privacy watchdog, alongside local fintech giant KakaoPay, over allegations of a massive data breach involving over 50 billion pieces of personal-credit information. During a recent press briefing, Ko Hak-soo, chairman of the Personal Information Protection Commission, announced that the scrutiny of KakaoPay, launched last month, has expanded to include the global tech giants, with the regulator scrutinizing the legality of cross-border data transfers and information-sharing practices among these companies.Alipay and Apple are now caught up in a widening probe by South Korea's privacy watchdog, alongside local fintech giant KakaoPay, over allegations of a massive data breach involving over 50 billion pieces of personal-credit information....

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