Bomb Threat Targets Hyundai Motor Facility
This week, Hyundai Group’s headquarters in Seoul faced a serious security threat. The facility was temporarily evacuated after receiving an email demanding payment in Bitcoin.
Bomb Threat Overview
The threatening message claimed an explosive device would detonate at the company’s building unless a ransom of 13 bitcoins, approximately $1.1 billion (1.69 billion won), was paid. The police were notified, initiating a swift response.
Incident Details
The Seoul Metropolitan Police Agency reported that the threat was received just before noon on December 19. The email explicitly mentioned a detonation time of 11:30 a.m. and identified Hyundai Group’s location in Yeonji-dong, Jongno-gu. The message stated: “If 13 bitcoins are not paid, we will blow up the Hyundai Group building at 11:30.”
In light of this threat, Hyundai Group promptly evacuated employees for their safety. A special operations unit from the police was dispatched to conduct a thorough search of the building.
Search and Resolution
The extensive search lasted for several hours and concluded shortly before 2 p.m. Authorities confirmed that no explosives were present at the site. Fortunately, there were no injuries or damage reported. As of now, there is no indication that any payment was made to the perpetrators.
Growing Trend of Digital Extortion
This incident reflects a disturbing trend in South Korea, where bomb threats are increasingly linked to digital extortion efforts targeting prominent corporations. Notably, Hyundai Group’s experience is part of a wider pattern that has also affected companies like Samsung Electronics, Kakao, Naver, and KT.
Reasons Behind Bitcoin Use
Bitcoin has become the medium of choice for many extortionists. This preference stems from its anonymity, ease of reference, and perception of being difficult to trace compared to traditional payment methods. Many threats appear designed to induce pressure rather than indicating a real intent to execute violence.
Conclusion
As operations at Hyundai Group return to normal, this incident serves as a reminder of the modern security challenges corporations face. The line between online threats and real-world disruptions continues to blur, necessitating careful attention to safety protocols and rapid responses to any potential threats.
