Thursday, September 17, 13:14
Home security Grab was fined again for breach of privacy

Grab was fined again for breach of privacy

One of its units Grab HoldingsThe GrabCar, based in Singapore, received a $ 10.000 fine for infringement personal data, as reported by Bloomberg.


The fine imposed by Personal Data Protection Committee (PDPC), which is responsible for protection of personal data in Singapore, addresses an incident that took place last year, when the application for cell phones Grab reported information to more than 21.500 users.

Bloomberg reported that the breach was the result of an update to GrabHitch, the company's carpooling service. It included names, license plate numbers and users' wallet balances.

While the PDPC said that problem in less than an hour, said Grab should have tried the update before it was allowed to install by users. In addition, the commission said it was the fourth personal data breach of the company in the last two years.

"Because the agency's business involves processing large volumes of personal data on a daily basis, it is a major cause for concern," said Yeong Zee Kin, PDPC Deputy Commissioner at Bloomberg.

Last week, Reuters reported that Grab was in talks with potential investors as it sought to raise up to $ 500 million to bolster its financial services division.

Between Companies intending to partner with Grab are Hong Kong-based AIA Group Limited, which offers life insurance services, and Prudential PLC, a UK-based global insurance and financial services company.

An agreement between Grab, AIA and Prudential will supply Grab financial services products. In August, Grab expanded its services by offering consumer loans in Singapore along with wealth management products.


Please enter your comment!
Please enter your name here

Absent Mia
Absent Mia
Being your self, in a world that constantly tries to change you, is your greatest achievement


Telecom Italia: Is the EU against merging broadband networks?

The European Union is preparing to oppose the merger of Italy's broadband networks, controlled by Telecom Italia SpA.

Russian hackers accused by US of stealing millions through cryptocurrency phishing sites

The US Department of Justice (DoJ) yesterday filed charges against two Russian hackers, who seem to be behind a long ...

Google "bans" stalkerware applications from the Play Store

Google has made some changes to the Play Store to impose an "official ban" on stalkerware applications. However, this software allows ...

APP users will send suspicious files to Google for scanning

Google has added a new security feature to its Advanced Protection Program (APP) application. The APP is the program ...

LockBit ransomware: Launches data leak site for double blackmail

The LockBit ransomware gang has launched a new data leak site that will be used as part of the dual ...

Google Chrome makes it easy to recover compromised passwords

Google Chrome adds a new feature that will make it easier for users to reset saved passwords that have been detected that ...

US: Two Iranian hackers wanted for espionage and cyber attacks

The United States is looking for two Iranian hackers who are believed to have carried out chronic espionage and cyber-attacks at the request of the Iranian government, while seeking ...

IoT devices are a big risk for companies

Teddy bears, coffee makers and cars are some of the Internet of Things (IoT) devices that are connected to corporate networks and could ...

Brexit: The border control information system will not be ready

The basic information system designed to prevent border chaos when Britain is finally separated from the European ...

Microsoft Project Reunion has just acquired a new tool

Microsoft has released Resource Technology (MRT), an open source project that supports the company's efforts behind Project Reunion ...