Apr 182011
 

Kim Tae-jong reports the latest in a breach involving Hyundai Capital reported previously on this blog:

Police arrested two suspects Monday on charges of hacking Hyundai Capital’s database and blackmailing the company by threatening to release confidential customer financial information.

A 40-year-old man, surnamed Huh, is thought to be the key figure who facilitated the hacking of Hyundai Capital along with Korean accomplices living in the Philippines, according to the cyber crime investigation unit of the Seoul Metropolitan Police Agency.

The other suspect, Yoo, is charged with withdrawing the money that Hyundai transferred to comply with demands made by Huh and the hackers, the unit said.

Read more in The Korea Times.

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