Samsung Says Users' Payment Info Not Compromised

Samsung Electronics Co. said that the personal payment information of users of its mobile payment system wasn’t compromised despite a reported hacking incident at LoopPay, a U.S.-based startup it bought earlier this year. Samsung said in a statement that the incident involved three servers on LoopPay’s internal office network and as soon as the incident was discovered, the U.S. company brought in professional security teams to investigate and quarantine devices.