Thread: Global Economy = 230,000 Stolen Credit Cards

As has happened dozens of times before, a Japanese company decided to "cut costs" and outsource its consumer credit card data to a foreign country. When will people ever learn?

http://newsonjapan.com/html/newsdesk/article/77709.php

Credit card data leak may affect 230,000: Alico

American International Group Inc.'s Japan arm, at the center of the country's worst fiasco involving fraudulent use of credit cards, admitted Wednesday that 230,000 of its card-holding customers may have had their data leaked to unauthorized outsiders and a Chinese service provider may be involved. The significant leap from the 18,000 cases announced by Alico Japan in September came to light after the insurer expanded the scope of its internal investigation to other types of credit cards that were not subject to an earlier probe, company officials said in Tokyo.

Moving to other topic's