The police database is believed to have been stored on Alibaba’s servers using outdated and insecure technology. — AP
BEIJING: Alibaba shares sank on July 15 after a report said the tech giant’s executives had been called in for meetings with Chinese officials over the theft of a vast police database.
A hacker last month put on sale what they claimed was the personal information of hundreds of millions of Chinese citizens – which, if true, would make it one of the biggest data heists in history.
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