Alipay apologies for data leak
Alipay, China’s largest thirdparty payment platform, has apologized for a leak of information about customers.
“The leaked data revealed only transaction information before 2010. They excluded sensitive information such as usernames or passwords, which were ciphered through a sophisticated method that is not available to anyone,” according to a statement by Alipay on Sunday.
Alipay said it has notified Chinese regulators and will keep the public informed about the investigation in a timely manner.
Earlier media reports said police have held a former employee of Alipay, who told them he downloaded 20 gigabytes of personal information in 2010 and his accomplices sold the information to others. (Photo 2)