Hackers selling Chinese customer data related to banking & insurance sector: China’s banking and insurance regulator

On Wednesday, China’s banking and insurance regulator stated, it had detected sales of customer data from the insurance and banking sector by overseas criminals.

It did not elaborate or specify how many individuals had been affected.

During a briefing, Huang Hong, the vice chairman of the China Banking and Insurance Regulatory Commission said, the data sold by the criminals was either fabricated or compiled from different sources by hackers.

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