Hong Kong e-payment firm admits selling customer data

Hong Kong's Octopus Holdings has admitted to selling its customers' personal information since January 2006 and pocketing HK$44 million (US$5.7 million) from doing so.

The e-payment services provider said it sold personal data belonging to 1.97 million customers to six companies including Cigna Worldwide Life Insurance, according to a report from local broadcaster Radio Television Hong Kong.

The rest of the story at <http://www.zdnetasia.com/hong-kong-e-payment-firm-admits-selling-customer-data-62201697.htm>.