India bans MasterCard from adding new customers

Re:India bans MasterCard from adding new customers by herbst on Wednesday July 14, 2021 @11:03AM (#27833837)

> I'd much rather store properly encrypted personal information or financial data in North Korea than storing it unencrypted in my home country.

How about it gets encrypted same way in North Korea or South Korea. Which one would you prefer?

What if North Korea says it is properly encrypted and gov has no easy access, but we all know that could be just as well wrong?

The U.S. Not exactly enjoys a lot of trust internationally when it comes to customer protection and privacy.

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Re:India bans MasterCard from adding new customers by kspacewalk2 on Wednesday July 14, 2021 @12:19PM (#27834799)

>How about it gets encrypted same way in North Korea or South Korea. Which one would you prefer?

Whichever is cheaper and/or more reliable. If I trust encryption, all other answers are bogus.

>What if North Korea says it is properly encrypted and gov has no easy access, but we all know that could be just as well wrong?

In this scenario, I decide how to encrypt my data. The storage service is just dumb disk space for me to rent. Call it The People's Democratic B2. Otherwise, it's not really secure no matter who gives you assurances.

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Re:India bans MasterCard from adding new customers by herbst on Wednesday July 14, 2021 @12:41PM (#27835074)

I doubt it would be an option for MasterCard that countries get to decide how they encrypt the related data. But I get your point :)

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