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  • July 12, 2014
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  1. Octopus sold not only our data, but also our trust

    Posted Aug 06th 2010, 12:00am by Staff Reporter

    ... Lau Nai-keung The Octopus card is one of Hong Kong's spectacular successes; it has been cloned in a number of major mainland and overseas cities. A few years ago, when Ma Ying-jeou was mayor of Taipei, he came here specifically to learn more about the Octopus card. Practically every one of us owns at least one such card, and the first two things every visitor to Hong Kong buys ...

  2. Octopus spreads tentacles wider

    Posted Nov 08th 2004, 12:00am by Stephen Seawright

    ... year's winners and see how each has fared in the past 12 months. Few Hong Kong business innovations in the past 10 years have been as successful as the Octopus card. Introduced as a way to pay ... the firm, Octopus Cards- which won last year's Enterprise Award- is not resting on its laurels. It has embarked on setting up similar networks overseas and finding new ways to get people to use ...

  3. Second Octopus executive quits after scandal

    Posted Oct 20th 2010, 12:00am by Anita Lam

    ... development director, said he was retiring and would leave the company at the end of the year. When Prudence Chan Bik-wah resigned as Octopus Cards' chief executive in August, Leong said he would ... Leong's departure was necessary because Octopus Cards during his tenure had lost its way and deviated from its core business goals. The Hong Kong Monetary Authority said Octopus Card's data ...

  4. Octopus cardholders seek payout after the sale of personal details

    Posted Aug 06th 2010, 12:00am by Anita Lam

    ... to the promotional calls received. The MTR Corporation, Octopus' largest shareholder, said on Wednesday that the HK$44 million made by the card issuer for selling the information of 1.97 million ... Anita Lam Two Octopus cardholders filed a claim in the small claims tribunal yesterday for compensation from the smartcard issuer for selling their personal data. The move comes after ...

  5. Octopus ignored warnings on data: lawmaker

    Posted Aug 20th 2010, 12:00am by Amy Nip, Simpson Cheung

    ... Simpson Cheung and Amy Nip The Octopus card issuer had been warned twice but still went ahead with the sale of cardholders' personal data, according to internal documents seen ... as 2003, a year after Octopus started the data business, the Monetary Authority had advised Octopus Holdings not to obtain a separate insurance intermediary licence for the sale of data ...

  6. Octopus case might collapse

    Posted Nov 05th 2010, 12:00am by Anita Lam

    ... The report found that Octopus Rewards admitted making HK$57.9 million in the past eight years by selling cardholders' personal data to six business partners- including Cigna and Card Protection ... Anita Lam A small claims dispute that could set a precedent for millions of people whose personal data was sold by Octopus is in danger of collapsing. Grace Chan Yuk-fan, adjudicator ...

  7. One law for the rich?

    Posted Aug 13th 2010, 12:00am by Regina Ip

    ... language as to be inscrutable to the average consumer. Unwittingly, once an Octopus card user has signed up to the rewards scheme, he gives his consent to potentially unlimited transfers of his ... The first is Prudence Chan Bik-wah, the former chief executive of Octopus Holdings. The ironically named Prudence was blamed or made a scapegoat for the unethical, possibly illegal, sale ...

  8. Privacy law changes to be put forward

    Posted Aug 21st 2010, 12:00am by Staff Reporter

    ... Secretary Henry Tang Ying-yen said yesterday. This follows the uproar over the disclosure that Octopus cardholders' personal data had been sold to third parties for HK$44 million, and the card ... A spokeswoman for the privacy watchdog said the investigation of the Octopus affair was expected to be completed in September, and the Octopus Cards company would then have 28 days to respond ...

  9. Lai See

    Posted Jul 28th 2010, 12:00am by Luisa Tam

    ... with Luisa Tam Octopus revelations highlight data risks for Hongkongers Privacy is dead in Hong Kong. After the shocking revelation that the Octopus card issuer sold the personal data ... vehemently denied her company had sold the data to third parties, then on Monday she came out to offer her sincere apologies to affected customers. A reader cites the Octopus card personal data ...

  10. Supermarkets urged to use large print

    Posted Jul 16th 2010, 12:00am by Staff Reporter

    ... of membership application, including those listed in small print. The Octopus Card Company has shared card holders' data with business partners, and some loyalty membership card operators, ... Phyllis Tsang A lawmaker yesterday urged supermarkets to list their terms covering the transfer of personal data of membership card holders in a clear and precise manner instead ...




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