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Korean hacker awaiting deportation

Posted on October 24, 2011 by Dissent

A Korean who hacked into a communication company’s database and downloaded data of its 40,000 customers is currently awaiting deportation to Seoul, the Bureau of Immigration said.

Shin Un-sun, 37, has been apprehended last October 5 in a popular shopping center in San Juan City by the Philippine National Police Criminal Investigation and Detection Group (CIDG), BI Commissioner Ricardo David said.

[…]

Shin is wanted for blackmail and extortion after he told victims to deposit $150,000 into his savings accounts in three banks in Manila. When customers ignored his threats, Shin tried the communications company, demanding payment of 10 million Korean won in exchange for keeping customers’ identities from its rivals.

Read more on Sun Star.

Shin Un-Sun seems to have a string of hacks to his credit/dyscredit. BusinessWorld (Manila) reports:

Mr. Pagdilao said the suspect was wanted in the Philippines and in South Korea for large-scale Internet fraud. CIDG investigators discovered that Shin’s group hacked the servers of leading telecommunication companies and some private corporations.

Mr. Pagdilao withheld the names of the corporations pending the investigation.

The police said Shin was reportedly jailed in South Korea for three years for hacking the Korean Stock Exchange. He was also accused of a similar offense relating to the online databank of Hyundai Capital Corp., a Seoul-based financial service company specializing in auto financing, personal loans and home mortgage.

He allegedly blackmailed Hyundai Capital Corp. to pay a huge sum in exchange for not leaking the account information of 420,000 clients as well as 13,000 passwords from hacked customer loan accounts and credit rating information. The police further said Shin withdrew large sums of money from the credit card accounts of hundreds of clients based on data stolen from international and local banks, Mr. Pagdilao said.

Category: Breach IncidentsBusiness SectorFinancial SectorHackNon-U.S.

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