If you’ve done any online transactions from shopping to paying bills, chances are you’ve interacted with iPay88, the ubiquitous, e-commerce and retail solutions.
Today the company released a media statement saying that “there was a cybersecurity incident where card data may have been potentially compromised.”
According to the statement, the incident was detected and reported on 31 July this year. Cybersecurity experts were brought in and “the containment process was successfully completed.
It says that 50 days later (20 July), no further suspicious activities were detected and new measures have been taken to strengthen the system.
“The investigation is currently ongoing and we are working closely with the authorities and relevant parties on this matter. More updates and detailed findings will be shared in due course. All financial institution partners have been informed and kept up to date,”iPay88
Last month, the Government announced that it is mulling over amending the Personal Data Protection Act 2010 (PDPA or Act 709). The chance would make it compulsory for companies to notify the Personal Data Protection Department of any data breaches.
The move could mean that we would see more of these data breach announcements in the future.