Shinhan Card, a financial institution, has confirmed a data breach. This security incident resulted in the exposure of records belonging to over 190,000 of its card merchants. The institution has publicly acknowledged this event.

Details of the Shinhan Card Data Exposure

The data breach at Shinhan Card specifically involved card merchant records. The affected records totaled more than 190,000. These records are associated with businesses that process transactions through Shinhan Card. The number of exposed records indicates a significant scale of data compromise.

Shinhan Card operates as a credit card company. The incident involved data from a large number of card merchants. The facts confirm that data concerning these merchant entities was exposed due to a security lapse within the company’s systems. The nature of the exposed data is categorized as “card merchant records.”

Entities Affected: Card Merchants

The entities directly impacted by this data breach are card merchants. Over 190,000 distinct card merchant records were part of the exposed data set. This indicates that businesses using Shinhan Card’s payment processing services were affected. The incident focused on merchant-level data.

Shinhan Card’s acknowledgment provides the factual basis for reporting this event. The exposure of merchant records represents a specific category of information. This event confirms unauthorized access to or disclosure of data pertinent to a large segment of Shinhan Card’s business clientele.

Context of the Breach

The Shinhan Card data breach involved the compromise of over 190,000 card merchant records. This incident adds to the documented instances of data security challenges faced by organizations handling business-to-business financial data. The report identifies the specific number of records and the type of entities affected.

This event occurred within the financial sector. The data exposed was specifically related to card merchants. The incident involves a large quantity of business records, providing concrete information about a cybersecurity event impacting a major credit card provider and its merchant network.