Hackers who targeted Samsung Pay may be looking to track individuals
The security breach at Samsung subsidiary LoopPay was probably more about spying than about gathering consumer data for profit, and the worst could be yet to come, a security analyst said Wednesday.
Samsung acknowledged the attack on LoopPay, which it acquired in February for technology that it uses in its Samsung Pay service. It said hackers only breached LoopPay’s office network, not systems used by Samsung Pay. The affected servers have been isolated and no personal payment information was put at risk, according to Samsung.