The Financial Supervisory Service said on the 27th that it has built an "integrated monitoring system" to support the rapid collection and management of cyber threat information and a preemptive response.
The Financial Supervisory Service (FSS) plans to work with the Financial Security Institute and others through the system to immediately obtain critical security threat information and to systemically manage risk factors collected through continuous monitoring by turning them into databases (DB). The information to be obtained includes cyber alerts from the National Intelligence Service (NIS) and the Financial Services Commission, breach cases, and information on malware and security vulnerabilities.
The Financial Supervisory Service (FSS) will promptly and swiftly disseminate important security threat information and required actions to the entire financial sector. Financial companies will immediately check and review the security threat information and required actions they receive and then report back the results of their measures. The Financial Supervisory Service (FSS) will ensure the effectiveness of the response by evaluating and managing whether the measures taken by financial companies are appropriate.
The Financial Supervisory Service (FSS) also plans to establish a hotline with IT and information security officers across the financial sector. In the event of a major risk that could cause consumer inconvenience, it will set up a real-time, two-way emergency contact system to communicate quickly and closely.
The Financial Supervisory Service (FSS) plans to support the smooth operation of the newly built two-way communication channel by holding briefings and other events.