Financial Security Institute Conducts Information Security Inspection of Over 3,000 Financial Companies

The Financial Security Institute announced on the 15th that it will conduct an information protection status inspection targeting approximately 3,000 financial institutions, including personal credit information.

This year, to strengthen internal controls related to the protection of personal credit information, the evaluation will newly incorporate factors such as organizations and budgets related to personal credit information protection and measures to prevent data leaks.

The ongoing information protection evaluation is conducted to help financial institutions enhance their capabilities in protecting personal credit information and to internalize a continuous management system, thereby boosting consumer trust in financial services.

Alongside this, the Financial Security Institute plans to conduct both online and offline training for all financial sectors during the first half of the year to encourage financial institutions' autonomous management and protection activities of personal credit information and to support the overall improvement of protection levels.

Park Sang-won, President of the Financial Security Institute, stated, "Protecting personal credit information is a core element of consumer trust in finance, and it is crucial for financial companies to autonomously enhance their capabilities." He added, "Based on the ongoing evaluations, we hope that the protection of personal credit information will go beyond inspections for evaluation purposes and establish a culture of autonomous protection and management, thereby further strengthening the level of personal information management."