Troves of data stolen by fake digital lending apps
January 18, 2021 Fake digital lending apps grabbed contact information, pictures and gained network access from their borrowers’ smartphones as part of their lending operations. As the government, regulators and investigative agencies crack down on fake digital lending apps and the Chinese nationals who were operating them, questions remain on how much data was stolen from unsuspecting customers. Without a data protection law in place, these apps and their operators have gotten away with troves of personal information belonging to borrowers. Several borrowers have committed suicide in the l...
Source: medianama.com