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…

Samsung Electronic’s Vice Chairman and CEO announces his departure from the company

Despite a brilliant performance in the third quarter, Samsung Electronics, the South Korean conglomerate is facing a vacuum in its top leadership which presents a never before opportunity for new generation leaders. On Friday, in a shocking revelation, Kwon Oh-hyun, Samsung Electronics Co Ltd’s CEO and Vice Chairman said he plans on stepping down from…