Government-connected Chinese hackers were behind Samsung mobile payment program LoopPay’s breach, The New York Times reports. “As early as March, the hackers—alternatively known as the Codoso Group or Sunshock Group by those who track them—had breached the computer network of LoopPay,” with the organization discovering the intrusion in August, the report continues. “Samsung Pay was not impacted and at no point was any personal payment information at risk,” said Samsung CPO Darlene Cedres. “This was an isolated incident that targeted the LoopPay corporate network, which is a physically separate network.” Meanwhile, the U.S. House Small Businesses Committee is concerned companies are rushing the credit card chip conversion, The Hill reports. (Registration may be required to access this story.)
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