✉news TechnologyCybersecurity first seen 52 min ago, last 52 min ago, peak #31
Hyundai Capital Hit by Hack as Breaches Spread to Non-Bank Lenders
Original: Hyundai Capital Hacked as Breaches Spread to Non-Bank Lenders
Hyundai Capital, Hyundai's consumer finance arm, has reportedly been hacked, making it the latest victim in a wave of breaches spreading beyond banks to non-bank lenders in South Korea. The reported intrusion puts the spotlight on the security of non-bank financial institutions, which hold large volumes of customer credit and personal data but have often faced lighter oversight than traditional banks.
Why now: Cyberattacks are escalating across South Korea's financial sector and the involvement of a major consumer finance firm raises fresh concerns about data security at non-bank lenders.
Hyundai CapitalHyundai Motor GroupSouth Korea
Evidence
- Hyundai Capital Hacked as Breaches Spread to Non-Bank Lenders · Seoul Economic Daily
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