The Latest in IT Security

By Joyce Lee SEOUL (Reuters) – The theft of personal information from more than 100 million 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. Anyone might know when I pay my credit card bills, let alone my phone number and where I live. The biggest breach of personal privacy ever in South Korea has further highlighted the vulnerability of credit card information after tens of millions of U.S. cardholders’ details were stolen from retailer Target Corp during the holiday shopping season.