Lazada, Alibaba-owned electronic commerce, confirmed and detected data infringement on RedMart. Furthermore, it implicates using other unauthorized websites and apps for personal information exploitations.
According to Lazada’s cybersecurity, the data compiled on October 29 exposes the personal details of many Singaporean users and illegal access to RedMart’s customer database. Apart from 1.1 million jeopardized accounts, these unique attributes correlate to illegally accessed accounts.
The decommissioned RedMart app and website used the stored data and hosted a third-party service. Singapore’s Channel News Asia broadcasting supported the case as it broadcast passages for peddlers selling personal data and information through online outlets. Such as address, telephone numbers, e-mail, passwords, and more to different electronic commerce sites.
In 2016, Lazada bought RedMart, and last March from the current year, it combined RedMart with its app and website. However, the company defends the counts saying the information collected from stored data is outdated for over 18 months.
On the other hand, apart from blocking RedMart access to Lazada’s database, Lazada spoke last Friday that they are currently working with reliable authorities to vanish security destruction and pledge to give all essential support to their consumers. They also pointed out that the security breach issues are not affecting and linked to any Lazada’s current database.
Singapore’s Personal Data Protection Commission also stepped up since they are the authorities responsible for enforcing the city-state’s data protection act. The legislation compels companies and startups to inform the commission for feasible and faster support if data breach issues jumped up to 500 people involved.
RedMart services are booming in the middle of this pandemic, where most of the people go to seize online grocery and shopping. It is evident where the online grocery sales and profit hopped four times after Singapore’s government imposed a strict lockdown last April. Singapore is one of the countries that implement a partial lockdown after the COVID-19 first outbreak.
The Asian Financial Hub gives vague access to global wealth and Southeast Asia’s growing market. Singapore is one of the known countries for creating famous ride-sharing Grab and supporting startups. The call for economic stability is a must for all entrepreneurs in Singapore.