Chinese Lenders Deny Hackers Can Exploit Alleged Leak of 2.6 Million Bank Accounts
Duan Siyu
DATE:  Apr 15 2020
/ SOURCE:  Yicai
Chinese Lenders Deny Hackers Can Exploit Alleged Leak of 2.6 Million Bank Accounts Chinese Lenders Deny Hackers Can Exploit Alleged Leak of 2.6 Million Bank Accounts

(Yicai Global) April 15 -- Several Chinese lenders have denied that their users' privacy is at risk after information allegedly regarding some 2.6 million Chinese bank accounts was offered to be sold online.

Raid Forums's posts about 2.6 million bank loan documents do not match real customer information, Fuzhou-based Industrial Bank told Yicai Global. The sellers claimed to have obtained users' Chinese ID numbers, contact addresses, and phone numbers.

Just a fraction of the data is true while there is no evidence that it contains real bank account numbers, chief of another lender told Yicai Global. The bank is investigating the case.

Early this month, several Raid Forums users posted offers to sell bank loan information at Chinese lenders including Agricultural Bank of China, Bank of Shanghai, and Shanghai Pudong Development Bank for as little as USD8 so that buyers could gain information about more than 280,000 account holders.

China's banking regulator requires financial institutions to abide by the national personal information protection laws and regulations, according to a document released in May 2018.

Editor: Zhang Yushuo, Emmi Laine

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Keywords:   information theft,banks