Core Viewpoint - Since the implementation of the Personal Information Protection Law in China, personal information processors have faced strict regulations, with Shenzhen Kaniu Technology Co., Ltd. being recently reported for exceeding the necessary scope of personal information collection through its Kaniu Credit Manager app [1][2]. Company Summary - Kaniu Credit Manager app has over 80 million users as of August 2025, offering services in smart bill management, credit card information, and credit technology [1]. - The app has three main segments: bill management, borrowing services, and personal risk reporting [2]. - Kaniu Technology was founded in 2012 and has received significant investment, including A+ round financing from Sequoia Capital [2]. - The company has previously faced scrutiny for information security issues, including a fine in December 2022 for infringing on personal information rights [3]. Regulatory Context - The National Cybersecurity Center reported that 38 mobile applications, including Kaniu Credit Manager, were found to illegally collect and use personal information [2]. - The issue identified was related to insufficient authorization for clipboard usage, which is considered a violation of privacy rights [4]. Industry Implications - The financial sector is under pressure to comply with the Personal Information Protection Law, with concerns about over-collection of data and lack of transparency in privacy policies [6]. - Financial institutions are advised to enhance their information management practices to protect consumer rights and prevent data breaches [6]. User Awareness - Users are encouraged to be cautious about information leakage when using risk monitoring services and to choose platforms that implement encryption and anonymization measures [7].

Core Viewpoint - The article highlights ongoing issues with mobile applications, particularly in the financial sector, regarding the illegal collection of personal information, with specific mention of the 卡牛信用管家 App being flagged for non-compliance [3][4]. Group 1: Regulatory Actions - On August 25, the National Cybersecurity Notification Center reported that 38 mobile applications were found to be illegally collecting personal information, including the 卡牛信用管家 App, which was noted for exceeding the necessary scope of personal information collection [3]. - 卡牛科技 has acknowledged the notification from the Public Security Ministry and plans to rectify the issues by submitting a revised version of the app by August 26 [1][3]. Group 2: Company Background - 卡牛科技, established in 2017, operates in three main areas: smart bill management, credit card information services, and credit technology services [5]. - The 卡牛信用管家 App allows users to manage loans, credit cards, and other bills, while also providing services like loan and risk reports [5]. Group 3: Industry Implications - The article emphasizes that financial apps, including 卡牛信用管家, are prone to over-collecting user information, which could lead to data being shared with broader loan platforms, posing risks to user financial security [5]. - It is suggested that the financial industry must enhance compliance measures for mobile applications, focusing on systematic management of user data across various stages, adhering to the principle of minimal necessity [5].