Commissioner to Launch Octopus Investigation
RFID—HONG KONGJuly 23, 2010
The privacy commissioner will start an inquiry next week into Octopus Holdings sharing customer data with two insurance companies, The Standard reports. In the wake of recent allegations, Octopus Holdings has admitted it shared the personal information of 2.4 million customers with two merchant partners involved in its rewards program. "I've noticed that the incident sparked huge public interest," said Privacy Commissioner for Personal Data Roderick Woo Bun. "Therefore, we have decided to proactively investigate the case." The investigation is expected to be concluded in two months. The company will conduct a three-month comprehensive review of its handling of customer information, the report states, which Woo said should be more transparent.