Yonhap Infomax NewsNov 6
Lotte Card has become the first major South Korean card issuer to simplify its cancellation process following a data breach, with Shinhan and KB Kookmin set to follow suit this month as regulators push for easier customer exits.
#YonhapInfomax #LotteCard #CardCancellation #FinancialSupervisoryService #DataLeak #ShinhanCard #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89712
Yonhap Infomax NewsSep 17, 2025
Lotte Card faces a massive data breach far exceeding initial estimates, raising fears of a repeat of the 2014 card cancellation crisis as regulators prepare to announce findings and potential disciplinary action.
#YonhapInfomax #LotteCard #DataBreach #FinancialSupervisoryService #CardCancellation #PersonalInformationLeak #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82062
Lotte Card Data Breach Materializes—Will It Trigger a Repeat of the 2014 ‘Card Cancellation Crisis’?

Lotte Card faces a massive data breach, with millions potentially affected, raising fears of a repeat of the 2014 card cancellation crisis as regulators prepare disciplinary action.

Yonhap Infomax