| The KUIK Closing Market Report for Monday, February 17: | |||||||
| US Markets were closed in honor of Presidents Day, but we are following stories in overseas markets. | |||||||
| Marketwatch reports that in Korea, the company or financial institution that gets hacked is held responsible if customer data is stolen. Korea’s financial-services regulator announced yesterday that three firms which suffered the theft of consumers’ data last year would be barred from issuing any new credit cards or extending any loans until mid-May. The trio includes KB Financial Group owner of South Korea’s largest bank and Tokyo-based supermarket giant Lotte Group. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/in-korea-they-punish-banks-for-id-theft-2014-02-17?link=MW_Nav_EP | |||||||
| For today’s Closing Market Report click to listen-> | |||||||