The personal information of more than 2,000 people who applied online for a Citibank N.A. credit card could have been leaked as a result of a computer error, a Citibank executive said yesterday.
The company has suspended the service and will compensate customers if the data they supplied to the company has been leaked, said Victor Kuan (
"We closed this online credit-card-application service and the online customer-inquiry service right after we found the flaw," Kuan said.
"We have also begun to check the viewing records of more than 2,200 applicants ... to see if there is a possible leak of information, and if so, the number of customers' whose information has been leaked," Kuan said. "We should be able to get the result by the end of today."
Citibank started offering its online credit-card-application service on Aug. 4, with interest-free credit and other benefits.
But a Kaohsiung teacher, Tsao Chih-cheng (曹志誠), last week gained access to other applicants' personal information while applying online for Citibank's Clear Card.
Tsao told Chinese-language media yesterday that he had immediately informed the bank about the security flaw. But he said he could still browse other customers' information when he tried again on Monday.
Kuan yesterday admitted that there were serious errors in the bank's Internet security management and customer service. But he said that the system failure appeared only in its online credit-card-application service. Citibank's main computer system, which has survived several attacks by hackers hired by Citibank, was secure.
"Citibank will contact the customers whose information is suspected to have been leaked during the period from Aug. 4 to Nov. 11 ... and we will compensate these customers for losses resulting from the leak of information," Kuan said.
Cheng Jen-hung (
"According to Article 27 of the Law for the Protection of Computer-Managed Personal Information (電腦處理個人資料保護法), customers can claim compensation of between NT$20,000 and NT$100,000 for the financial losses or other losses resulting from the leak of their personal information," Cheng said. "We will also help the affected consumers claim their compensation through a class-action lawsuit."
The authorities, including the Bureau of Monetary Affairs, should strengthen their supervision over banks' online services to ensure that consumers' rights and interests are not infringed, Cheng said.
The bureau said it had ordered Citibank to close its online application service and suspended the bank's application to open other online services from yesterday, a bureau official said.
"We also asked Citibank to submit a report on its review of this incident and what improvement measures it will take to the Ministry of Finance by Nov. 18, " Huang Tien-mu (
Huang did not say what kind of punishment Citibank might face.
EXPRESSING GRATITUDE: Without its Taiwanese partners which are ‘working around the clock,’ Nvidia could not meet AI demand, CEO Jensen Huang said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and US-based artificial intelligence (AI) chip designer Nvidia Corp have partnered with each other on silicon photonics development, Nvidia founder and CEO Jensen Huang (黃仁勳) said. Speaking with reporters after he met with TSMC chairman C.C. Wei (魏哲家) in Taipei on Friday, Huang said his company was working with the world’s largest contract chipmaker on silicon photonics, but admitted it was unlikely for the cooperation to yield results any time soon, and both sides would need several years to achieve concrete outcomes. To have a stake in the silicon photonics supply chain, TSMC and
‘DETERRENT’: US national security adviser-designate Mike Waltz said that he wants to speed up deliveries of weapons purchased by Taiwan to deter threats from China US president-elect Donald Trump’s nominee for US secretary of defense, Pete Hegseth, affirmed his commitment to peace in the Taiwan Strait during his confirmation hearing in Washington on Tuesday. Hegseth called China “the most comprehensive and serious challenge to US national security” and said that he would aim to limit Beijing’s expansion in the Indo-Pacific region, Voice of America reported. He would also adhere to long-standing policies to prevent miscalculations, Hegseth added. The US Senate Armed Services Committee hearing was the first for a nominee of Trump’s incoming Cabinet, and questions mostly focused on whether he was fit for the
IDENTITY: Compared with other platforms, TikTok’s algorithm pushes a ‘disproportionately high ratio’ of pro-China content, a study has found Young Taiwanese are increasingly consuming Chinese content on TikTok, which is changing their views on identity and making them less resistant toward China, researchers and politicians were cited as saying by foreign media. Asked to suggest the best survival strategy for a small country facing a powerful neighbor, students at National Chia-Yi Girls’ Senior High School said “Taiwan must do everything to avoid provoking China into attacking it,” the Financial Times wrote on Friday. Young Taiwanese between the ages of 20 and 24 in the past were the group who most strongly espoused a Taiwanese identity, but that is no longer
A magnitude 6.4 earthquake and several aftershocks battered southern Taiwan early this morning, causing houses and roads to collapse and leaving dozens injured and 50 people isolated in their village. A total of 26 people were reported injured and sent to hospitals due to the earthquake as of late this morning, according to the latest Ministry of Health and Welfare figures. In Sising Village (西興) of Chiayi County's Dapu Township (大埔), the location of the quake's epicenter, severe damage was seen and roads entering the village were blocked, isolating about 50 villagers. Another eight people who were originally trapped inside buildings in Tainan