FSS Launches Financial Security 'Integrated Monitoring System' to Strengthen Cyber Incident Oversight

Moving Beyond Manual Email Processes
Database-Driven Information Management and
Two-Way Communication with Financial Institutions

The Financial Supervisory Service (FSS) announced that it has established the Financial Security Integrated Monitoring System (FIRST) to strengthen its cyber incident response capabilities and will begin full-scale operation of the system from February 27, 2026.

The FSS developed this system based on a memorandum of understanding (MOU) signed with the Financial Security Institute in May 2025. Previously, there were concerns about limitations in responding to major threats, as threat information collection and emergency communication relied on manual processes such as email.

The integrated monitoring system systematically manages security threat intelligence collected on an ongoing basis by building a database (DB), and serves as a real-time two-way communication channel by delivering critical information to financial institutions and receiving feedback on their response actions.

The FSS will promptly disseminate important security threat information and required response actions across the entire financial sector. Financial institutions will immediately review and check the information, then report their response results back to the FSS. The FSS will evaluate and manage the adequacy of the financial institutions' actions.

In addition, the FSS plans to establish a hotline with IT and information security managers across the financial sector, creating a real-time two-way emergency contact system to enable swift communication in the event of significant risks.

The FSS expects that the introduction of this system will further strengthen its security response capabilities by systematizing the entire process from information collection to response actions.

On this day, the FSS will also hold an online, non-face-to-face briefing session to provide support so that the newly established two-way communication channel operates smoothly.

An FSS official stated, "Through the integrated monitoring system, we will rapidly shift to a supervisory framework focused on proactive risk management and prevention."

This content was produced with the assistance of AI translation services.