Kakao Azit. /Courtesy of News1

The Korean National Police Agency said on the 6th that it signed a memorandum of understanding (MOU) with Kakao for "preventing and eradicating phishing crime damage." The agreement was pursued to jointly respond to a situation in which various phishing crimes, including voice phishing and investment "leading rooms," are rapidly spreading beyond telecom networks to a range of online platforms.

Going forward, when the Korean National Police Agency provides the latest data related to phishing crimes, Kakao will reflect it in its own operating policies and user protection procedures and will immediately apply measures to protect users when reports are received about accounts suspected of criminal activity.

In addition, when the Korean National Police Agency shares with Kakao a list of "phone numbers used for crimes" that have been suspended through reports and tips, Kakao plans to take usage restriction measures on accounts registered with those numbers to prevent further damage.

Oh Chang-bae, head of the integrated response team for telecommunication and financial fraud at the Korean National Police Agency, said, "As voice phishing and new scam crimes spread via platforms, this MOU with Kakao will serve as a practical opportunity to protect our people from crime."

Cho Seok-young, a vice president at Kakao, said, "We will work with the Korean National Police Agency to build a faster and more advanced response system and will continue to strengthen our user protection capabilities."

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