Cathay Pacific Faces Probe Over Massive Data Breach

    0
    22

    Cathay Pacific Faces Probe Over Massive Data BreachHong Kong’s privacy commissioner will Establish a compliance Evaluation to Cathay Pacific Airways Within a data breach Between 9.4 million passengers, Stating the carrier Could have violated privacy Regulations.

    The airline has faced criticism because of its seven-month delay in its October revelation of this breach in the information, which it stated was obtained without authorisation, after questionable activity in its own community in March.

    “The compliance analysis will analyze in detail, among others, the safety measures taken by Cathay Pacific to protect its clients’ private data along with the airline’s data retention policy and practice,” he further added.

    It is going to also insure Cathay’s fully owned subsidiary, Hong Kong Dragon Airlines Ltd, or Dragon Air, a few of whose passengers were influenced by the violation.

    A Cathay Pacific spokeswoman said in an email to Reuters that the airline had been analyzing the statement would”continue to cooperate fully with the government.”

    The privacy watchdog said it had obtained 89 complaints linked to the cyber escape.

    Along with 860,000 passport numbers and roughly 245,000 Hong Kong identity card numbers, the hackers obtained 403 died credit card numbers and 27 credit card numbers without a card verification value (CVV), Cathay explained.

    It wasn’t immediately clear who was behind the private data breach or exactly what the data may be used for, but Cathay stated there was not any evidence that any private information was misused.

    The controversy has spurred calls from politicians and privacy advocates for Hong Kong to revamp its own legislation to create the coverage of these possible data breaches required.

    Cathay’s share price originally dropped to the lowest since June 2009 following the scandal but has rebounded and regained all of its own losses.

    The information breach comes amid a airline turnaround to lower costs and increase earnings, after devoting years of declines, in order to better compete with rivals in the Middle East, mainland China and budget airlines.

    Back in August, Cathay Pacific posted a thinner half-year reduction on a solid growth in airfares and freight prices and flagged expectations for a much better second half, even though economic headwinds from increasing U.S.-China commerce strain.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.