The chief executive officer of Hong Kong smart card payments company Octopus Holdings, Prudence Chan, has resigned over findings that the company sold its customers' private data to business partners. Chan claimed that the company had not broken Hong Kong's laws, however she resigned in an effort to assist the company regain the public's trust, according to the Wall Street Journal. In hearings conducted by Hong Kong's Office of the Privacy Commissioner for Personal Data last week, Chan admitted that Octopus shared customers' personal information with six companies, including an insurance company.

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