Credit reporting agency TransUnion – personal data security flaw (Nov 2018)

Preface:
Transunion offers total credit protection all in one place from credit score, credit report and credit alert. On June 25, 2015, TransUnion became a publicly traded company for the first time, trading under the symbol TRU.

Who is CreditGo?
CreditGo provides free access to credit circular reports and credit scores for Hong Kong residents. Meanwhile the credit information provided by CreditGo comes from TransUnion.

Data privacy leakage incident:
The Hong Kong arm of American consumer credit reporting agency TransUnion was forced to suspend its online services on Thursday after a local newspaper was easily able to access the personal data of the city’s leader and finance minister.

What is the reason?
Incorrect program logic from online web application cause database leak.

Remedy:
Suspend online services.

Comments:
Refer to attached diagram, it is hard to avoid your data personal privacy leakage since when bank or financial institute check the information of a person. It is because a duplicate copy will be generate.
Business world and our daily life is insane now!

Headline news:

https://www.scmp.com/news/hong-kong/hong-kong-economy/article/2175654/credit-agency-transunion-suspends-online-services

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