South Korean data breaches leave every citizen's ID at risk

19 Oct 2014 • engadget.com

There are big data breaches, and then there are massive, nation-changing data breaches. South Korean officials have warned that hacks targeting the country’s national ID number system were so damaging that the government may not only have to revamp how it issues ID numbers, but hand out new ones to every citizen. That could cost the equivalent of $650 million by itself, and businesses might have to spend billions of dollars upgrading their systems to match – you need that ID for many basic tasks in South Korea, so it’s not just a question of a simple software fix.

Uh… Oops?