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10th April 2024 Issue no. 700

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Nearly half of South Koreans have their bank details stolen (including the President) as anti-fraud worker arrested

The theft of personal information from more than 100million South Korean credit cards and accounts, reportedly including those of President Park Geun-hye and UN chief Ban Ki-moon, has ignited a storm of anger and litigation against credit firms.

Worried Koreans on Tuesday packed into branches of one of the banks hit by the theft to ensure their money was safe, while lawyers said 130 people joined a class action suit against their credit card providers in what is expected to be the first of multiple litigations.

22nd January 2014