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Ctrip loophole 携程"漏洞门" (xie cheng lou dong men)

Over the weekend, Ctrip.com, one of China's leading travel sites, fixed a loophole in its website that could lead to leaks of users' identification number and other detailed payment information such as bank account numbers.

The loophole has exposed the big risks of online payments at a time when the central bank is strengthening its monitoring of Internet financing. It is necessary for the authorities to take action. The four major State-owned banks cut their daily limits for fast payments for debit cards on third-party payment systems to 5,000 yuan ($806) from the previous 50,000 yuan last weekend, in order to protect personal information and account security.