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herseycokguzelolacak@lemmy.ml to Technology@lemmy.worldEnglish · 9 hours ago

If you had any doubts that Know-Your-Customer laws were evil, here is one very good reason: personal data of 1 BILLION people just leaked.

cybernews.com

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If you had any doubts that Know-Your-Customer laws were evil, here is one very good reason: personal data of 1 BILLION people just leaked.

cybernews.com

herseycokguzelolacak@lemmy.ml to Technology@lemmy.worldEnglish · 9 hours ago
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IDMerit data breach: 1 billion records of personal data exposed in KYC data leak
cybernews.com
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A massive global data leak linked to IDMerit has exposed 1 billion personal records, including national IDs and emails, across the US, Europe, and Asia.
  • herseycokguzelolacak@lemmy.mlOP
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    7 hours ago

    KYC does nothing against rich people. Panama Papers came out and nothing happened. Law enforcement does not target rich people.

    • BrilliantantTurd4361@sh.itjust.works
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      3 hours ago

      Yep. KYC is to stop the movement of funds that could be used to undermine the system. A.k.a terrorism.

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