IBK Industrial Bank of Korea and Daehan Social Welfare Association Sign 'Voice Phishing Prevention' Business Agreement

Prevention of Voice Phishing for Small Business Owners and Financially Vulnerable Groups, 300 Million KRW Sponsorship
'Safe Call, Safe Money' Project with IBK

IBK Industrial Bank of Korea announced on the 29th that it has signed a business agreement with the Korea Social Welfare Council to prevent voice phishing and support victims, and will carry out the 'Safe Call, Safe Money with IBK' project.

This business agreement was signed according to the will of Bank President Kim Seong-tae, who has always emphasized the bank's social responsibility, and IBK Industrial Bank of Korea donated 300 million KRW in sponsorship funds necessary for the 'Safe Call, Safe Money with IBK' project.

This project will be promoted targeting small business owners and financially vulnerable groups who are susceptible to voice phishing, including ▲voice phishing prevention education ▲subscription to victim protection insurance ▲support for victims' living expenses and psychological and legal counseling ▲economic education and self-employment consulting.

The voice phishing prevention education will be conducted online and offline by dispatching instructors to community institutions targeting small business owners and low-income groups, and those who complete the education will be supported in subscribing to voice phishing victim protection insurance (coverage up to 10 million KRW).

In addition, for vulnerable groups who lack living resources due to voice phishing damage, emergency living expenses, housing costs, rent, and loan interest will be paid up to 3 million KRW per person to help recover from the damage.

An IBK Industrial Bank of Korea official said, "We will continue to expand activities to prevent crimes that infringe on people's livelihoods, such as voice phishing, and support victims, striving to fulfill our social responsibility as a national policy bank."

Meanwhile, after the inauguration of President Kim Seong-tae, IBK Industrial Bank of Korea established a team and significantly expanded its organization and personnel to strengthen financial consumer protection and response to voice phishing. Through this, it is practicing 'value finance' by expanding voice phishing prevention education and taking the lead in protecting customer assets through thorough monitoring.