In response to a series of recent hacking incidents in the financial sector, the Ministry of Science and ICT has activated a 24-hour emergency response system in collaboration with the Korea Internet & Security Agency (KISA). To prevent the spread of cyber attacks beyond the financial sector into private enterprises, the ministry has recommended security checks for approximately 28,000 companies.
On October 4, the Ministry of Science and ICT announced that it has implemented an emergency response system with KISA to prevent the spread of similar incidents.
Currently, investigations and responses to the hacking incidents in the financial sector are being led by the Financial Services Commission, the Financial Supervisory Service, and the Financial Security Institute. The Ministry of Science and ICT and KISA have strengthened their cyber threat response measures to prevent attacks in the financial sector from spreading to other private sectors or causing additional damage.
KISA has enhanced its Internet Security Response Center (KISC) and activated a 24-hour emergency response system. They are intensifying monitoring of major corporate websites, bolstering incident response personnel, and ensuring that emergency response teams are on standby at all times.
The ministry is also encouraging companies to strengthen their own security measures. The Ministry of Science and ICT and KISA are providing relevant cyber threat information through platforms such as Protect Korea and the Cyber Threat Analysis & Sharing System (C-TAS).
In particular, emails recommending security checks have been sent to about 28,000 companies that have reported their Chief Information Security Officers (CISOs).
For the internet addresses (IP) of overseas attackers identified by the Financial Security Institute, threat information has been shared with the respective cloud service providers. Requests have also been made for necessary actions to block malicious activities.
The Ministry of Science and ICT has prepared personnel and response systems to be deployed immediately to the field if the Financial Services Commission, the Financial Supervisory Service, or other agencies request support from cybersecurity experts at KISA.
Moving forward, the ministry plans to continue collaborating with relevant agencies throughout the investigation process. They aim to continuously monitor cyber threat trends in the financial sector and other private information and communication services, dedicating efforts to prevent similar incidents and the spread of additional damage.
* This article has been translated by AI.
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