KB Financial Group and Amazon Web Services Complete Cloud Security Assessment

First Domestic Financial Company to Sign EA Contract with AWS... Successfully Completes Security Assessment
Providing Differentiated Customer Experience and Value through Digital Innovation

[Asia Economy Reporter Kangwook Cho] KB Financial Group announced on the 25th that it has successfully completed the safety evaluation by the Financial Security Institute for the use of financial cloud services in collaboration with Amazon Web Services (AWS).

Following the signing of an EA contract with AWS in March, becoming the first domestic financial company to do so, KB Financial Group has now successfully completed the safety evaluation, enabling it to fully utilize cloud services with excellent security and reliability. The safety evaluation assesses the safety of cloud services based on 109 basic protection measures and 32 additional protection measures specific to the financial sector, covering both technical and administrative safeguards.

The results of this safety evaluation can also be shared with each affiliate of KB Financial Group. Through this, KB Financial plans to shorten the procedures and time required for the adoption of 'AWS cloud services' across the entire group, allowing for a swift response to customer needs and business expansion.

Additionally, KB Financial plans to accelerate digital innovation by expanding the operation of 'Liiv M', the nation's first combined financial and telecommunications service, to AWS. The 'MyData Platform Construction' project, led by KB Kookmin Card which has selected AWS as its cloud service provider, is also expected to gain further momentum.

Furthermore, KB Financial's proprietary financial cloud system 'CLAYON' operates multiple geographically dispersed system centers to ensure uninterrupted service during emergencies. Going forward, by utilizing cloud providers redundantly as well, the service delivery safety of 'CLAYON' will be further enhanced.

A KB Financial official stated, "The adoption of cloud services in the financial sector is essential to respond to regulatory changes such as MyData and to provide customer-centric services. KB Financial has closely collaborated with AWS to continuously pursue digital innovation while complying with domestic electronic financial supervision regulations, and based on this, we will provide KB Financial Group customers with a differentiated experience and value at a higher level."

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