29 July 2016
Find out more

Hacker steals Hyundai Capital customer data for blackmail scam

11 April 2011  |  8485 views  |  0 biometric  eye

A hacker has broken into the computer systems of South Korea's Hyundai Capital, stealing personal information on around 420,000 customers and using it to blackmail the company.

According to the Yonhap news agency, the firm - a unit of car giant Hyundai Motor Group - only found out about the breach when it received a blackmail e-mail from the hacker on Thursday demanding money in return for the data.

Hyundai called in the police and transferred 100 million won into an account designated by the blackmailer who has already withdrawn 47 million Won, says Yonhap, adding that police have CCTV footage of a man taking cash from a Seoul ATM.

Police believe the hacker gained access to Hyundai Capital's data from servers in the Philippines and Brazil.

South Korea's Financial Supervisory Service has launched a special investigation into the breach, warning that Hyundai could be sanctioned if it emerges that customer passwords were not encoded.

South Korea's president Lee Myung-Bak has also entered the fray, telling aides that "as society becomes more information-oriented, protection of personal information is ever more important," according to AFP.

Watchdog probes Hyundai Capital over information leak - Yonhap

Hyundai Capital's data leaked through servers in Philippines, Brazil: police - Yonhap

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Financial services firms caught up in massive Epsilon breach

Financial services firms caught up in massive Epsilon breach

04 April 2011  |  12551 views  |  2 comments
RSA hack explained: phishing and Flash flaw

RSA hack explained: phishing and Flash flaw

04 April 2011  |  12013 views  |  1 comments
Hackers penetrate Nasdaq OMX systems

Hackers penetrate Nasdaq OMX systems

07 February 2011  |  10194 views  |  0 comments
Malaysian hacker breached Fed network

Malaysian hacker breached Fed network

19 November 2010  |  10535 views  |  0 comments
Hyundai Card Co deploys HNC fraud detection software

Hyundai Card Co deploys HNC fraud detection software

16 April 2002  |  3481 views  |  0 comments
Barclays encryption expert charged with £25m blackmail plot

Barclays encryption expert charged with £25m blackmail plot

31 October 2001  |  4552 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comFind out moreVisit VocaLink.com

Top topics

Most viewed Most shared
Groupe BPCE agrees to buy FidorGroupe BPCE agrees to buy Fidor
7010 views comments | 31 tweets | 47 linkedin
Telefonica Germany launches Fidor-backed mobile banking serviceTelefonica Germany launches Fidor-backed m...
6970 views comments | 16 tweets | 22 linkedin
hands typing furiouslyManaging Big Data After Brexit
6374 views 0 | 6 tweets | 8 linkedin
hands typing furiouslyBank of Pikachu? What does Pokemon Go mean...
5571 views 0 | 10 tweets | 9 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job