Over 40 million Kakao Pay users’ data somehow ended up with Alipay
August 15, 2024 at 02:37AM Kakao Pay, a subsidiary of Kakao, shared data from 40 million users with Alipay’s Singaporean arm, without consent. Korea’s Financial Supervisory Service found this sharing illegal, citing violations of privacy laws and cross-border data transfer rules. Concerns were raised regarding the scope of data shared and the potential misuse by … Read more