On May 11, 2017 Taiwan Law enforcement authorities have arrested 62 people on suspicion of illegally selling personal information and have confiscated computers containing about 170 million records of personal data, the Ministry of Justice Investigation Bureau said Thursday.
After conducting a digital forensic investigation, bureau experts found that each computer contains approximately 200 gigabytes of personal information.
The criminal ring is suspected of selling personal data beginning from last year to real estate agents and property development companies through a software system it developed to allow these companies to obtain information on landowners and provide ways to contact them. Each set of data was sold for NT$150,000-NT$200,000 (US$4,974-US$6,632).
China Supreme People 's Court: Illegal Sale of Personal Data Can be Sentenced if Profiting 5,000+ Yuan
On May 9, 2017, the China Supreme People's Court and the Supreme People's Procuratorate jointly issued the "Interpretation on Issues Concerning the Application of Law in the Criminal Cases of Infringing Citizens' Personal Data" to further clarify the definition of personal data, clarified the conviction and sentencing standard, clarified the standard of conviction and sentencing for the illegal purchase and legitimate operations involving personal data, and clarified the calculation rules of the quantification of personal data involved. Click to read the official announcement: http://www.spp.gov.cn/xwfbh/wsfbt/201705/t20170509_190088.shtml
The Hong Kong Stock Exchange is the largest IPO fund raised exchange in the world, the eighth largest exchange in the world and the fourth largest exchange in Asia by market capitalisation as at December 2015. According to the statistics of the Hong Kong Stock Exchange (HKEx), the number of public companies listed as at the end of 2017 is 2118. How do these local large companies practice credit management in Hong Kong?
Alexander has over 25 years of experience in Business Information Management and Information Technology. Previously, he has held leadership positions in the world’s leading Business Information providers, including Managing Director of Thomson Reuters Asia, and General Manager of Dun & Bradstreet (D&B), Hong Kong and Taiwan. In addition, he personally managed Hong Kong's Commercial Credit Bureau while working with D&B, and the Consumer Credit Bureau through his directorship at TransUnion Limited.