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The Financial Supervisory Service said Thursday that it issued a caution against Hanwha General Insurance for allegedly seeking to conceal the leakage of customers’ information in the aftermath of hacker attacks.
Though the nonlife insurance unit of Hanwha Group saw personal information totaling about 157,000 cases leaked due to an hacking incident between March and May 2011, it hid the fact at least for one year until September 2012, said FSS officials.
Further, it has been found that Hanwha General “insincerely” notified the FSS of the incident even after police revealed the leakage in September 2012.
A regulatory official alleged that the company had already detected the hacking in May 2011 on the back of petitions from its customers.
He said the 157,000 cases involve vehicle-registration and resident-registration numbers of 119,000 insurance policyholders.
Aside from cautioning the firm, the regulator FSS issued a warning against an executive, salary reductions or reprimands on two employees.
By Kim Yon-se (kys@heraldcorp.com)
Though the nonlife insurance unit of Hanwha Group saw personal information totaling about 157,000 cases leaked due to an hacking incident between March and May 2011, it hid the fact at least for one year until September 2012, said FSS officials.
Further, it has been found that Hanwha General “insincerely” notified the FSS of the incident even after police revealed the leakage in September 2012.
A regulatory official alleged that the company had already detected the hacking in May 2011 on the back of petitions from its customers.
He said the 157,000 cases involve vehicle-registration and resident-registration numbers of 119,000 insurance policyholders.
Aside from cautioning the firm, the regulator FSS issued a warning against an executive, salary reductions or reprimands on two employees.
By Kim Yon-se (kys@heraldcorp.com)
