Wednesday, July 04, 2007

Which Crook(s) Hacked This Website?

A special website, SUARA RAKYAT, set up by the Insolvency Department to receive public complaints on Credit Tip Off Service Sdn Bhd (CTOS), has been hacked into by certain quarters.

Deputy Minister in the Prime Minister's Department Datuk M. Kayveas said certain quarters had attempted to hack into the website, set up last Thursday, to transfer the data stored.

He said the hackers also attempted to channel the complaints sent to the Insolvency website to an undetected website.

"The hacking is done meticulously that the e-mails sent by complainants automatically go to the undetected website and not to the Insolvency website," he said in a statement today. Kayveas said following this discovery, the department was forced to transfer some of the data to a safer website.

"I shall not be hampered by such a tactic, but will continue to ensure that those who have been victimised by CTOS, especially those who were blacklisted, get justice," he added. He said those who had complaints against CTOS could do so at the Insolvency website where the safety features had been upgraded to prevent further hacking.

Last June 25, Kayveas issued a statement that the government had never issued a licence for CTOS to search for and provide information on individuals' financial background.

He said one of the complaints against CTOS was that it was still using out-dated information which resulted in some people not being able to get bank loans.

***** Whoever masterminded the hacking attempt must be a big time crook with little respect for the law. That the person(s) responsible for this were very curious about the complaints being made against CTOS is evident. Now WHO could be THAT interested about such complaints? Hmmm.

By the way does anyone know what kind of political connections CTOS has? What is the background of the company’s chief executive officer, Chung Tze Keong (pic)? Do you think that Chung and/or some of his colleagues could have been responsible for the hacking job?

Image Source:
1) Hacking
2) Chung
Update (7/6/07):
1) Credit status issue: CTOS officials to be charged.
2) CTOS Directors, Secretaries Facing 85 Charges Under Companies Act.

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1 Comments:

Blogger Monsterball said...

Not much known about CTOS. It has a sister company which is an MSC-status company, privately owned, very low profile.
By the way, it exposes just a bit a murky business in this country I would call "Private Credit Verification Services" for lack of a proper term. There are a number of other companies in Malaysia, mostly Very low profile. CTOS has a strong on-line capability, that's the reason for its higher visibility.

As I mentioned before they perform a necessary economic function - providing private customers with services to verify the credit risk of a potential borrower or client. The major commercial banks have their own credit verification database, but there are many other businesses which have need for such services.

The problem is its an unregulated business, and the information they provide can be very unfair on the other party - no way to check what information they hold on you, no right of reply if you think the information is inaccurate or out-of-date.

4:34 PM GMT+8  

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