Harman Patil (Editor)

Auction Co.

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Type
  
Subsidiary

Headquarters
  
South Korea

Parent organization
  
eBay

Industry
  
Online auction

Founded
  
South Korea

Auction Co. httpsuploadwikimediaorgwikipediacommons88

Auction Co. is an online auction company based in South Korea. It was acquired by eBay on January 8, 2001.

2008 Security Breach

In April 2008, the company revealed that their customers' real name, username, resident registration number, address, phone number, email address, bank account number, and purchase and refund log were breached in February. Originally, the victims were thought to be 11 million users, but later it was found that all members of Auction, 18 million 630 thousand people's private informations were breached. Users filed a lawsuit against the company, but Court denied the responsibility of the company.

References

Auction Co. Wikipedia


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