Retail in Asia

In Trends

Chinese online retailer probes possible security breach

Yihaodian, a Chinese online retailer backed by Wal-Mart Stores Inc., is probing a possible security breach, in what appeared to be the latest attempt to steal consumer data in China’s growing e-commerce sector.

Yihaodian, Wal-Mart’s online arm in China, is working with local public-security officials to investigate the breach, a spokeswoman for the Shanghai-based company said on Monday. She declined to offer details, including about how many customers might have been affected. The company says it has 18 million registered users.

"We take the safety and security of customer data and customer accounts very seriously," said the spokeswoman, Zou Pine. She said the company added measures to boost security on Yihaodian.com, including the addition of account-verification codes. It also reminded users to create complex passwords for their accounts.