Baidu Refutes Data Breach Claims Amid Executive’s Daughter Controversy
Baidu has denied allegations of a data breach after an executive’s daughter leaked personal information online. The company claims the data was sourced from illegal databases. Vice President Xie Guangjun apologized, stating the information was obtained from social media. Baidu has reported false information related to the incident, and shares fell by over 4 percent in Hong Kong trading.
Baidu, the leading Chinese search engine, has denied allegations of a data breach following an incident involving the teenage daughter of a top executive. The controversy arose when she allegedly shared personal information of other internet users online amidst a dispute. The company maintains that no employees, including executives, have access to user data legitimately.
The personal details shared were claimed to have come from illicitly sourced “doxing databases” located on foreign platforms, which aggregate stolen data. In addition to denying the breach, Baidu has reported the spread of misinformation, including false claims that the young woman was provided access to official company databases by her father.
Vice President Xie Guangjun, whose daughter was involved in this incident, publicly apologized, explaining that the information she accessed originated from overseas social networking sites. His comments were captured by Chinese media and were posted on his WeChat account.
Baidu’s stock declined by over 4 percent during Hong Kong trading following these events, reflecting the impact of the controversy on investor confidence. This incident occurs against the backdrop of China’s tightening data regulations, which have become pivotal amid the rise of illicit data trading.
In summary, Baidu has firmly rejected allegations of a data breach linked to the actions of an executive’s daughter, attributing the shared information to unauthorized databases. The company is taking steps to mitigate misinformation surrounding the incident while the vice president publicly addressed the situation. The repercussions of this controversy have affected Baidu’s stock performance, highlighting the sensitivity surrounding data privacy in China.
Original Source: www.business-standard.com
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