Our Bank Becomes Safer... First in Financial Sector to Obtain 'ISO27701 Certification'

[Asia Economy Reporter Kim Hyo-jin] Woori Bank announced on the 24th that it has become the first financial institution to acquire the international standard personal information protection certification 'ISO27701'.

ISO27701 is an international standard personal information protection certification newly established by the International Organization for Standardization (ISO) in August 2019. Woori Bank obtained the certification after an audit by Norway's 'DNV GL', a global information security management certification body.

With the amendment of the Three Data Acts and the introduction of the MyData industry, the safe handling of personal information has become increasingly important. By acquiring the international standard certification at this time, Woori Bank has laid the foundation for innovative financial services and is evaluated to be able to respond by establishing an international standard personal information protection system in line with the global trend of strengthening compliance such as the European GDPR (General Data Protection Regulation) and Australia's CPS234 (Information Security Regulation).

Meanwhile, Woori Bank previously acquired the ISO27001 certification in 2001, the first in the financial sector. ISO27001 is an international standard certification covering the overall information protection system centered on security systems.

Ko Jung-hyun, Chief Information Security Officer of Woori Bank, said, "As the first bank in the financial sector to acquire both ISO27001 and ISO27701 certifications, Woori Bank will play a pivotal role in protecting customer information within Woori Financial Group and provide more trusted financial services to domestic and international customers."

Kwon Kwang-seok, President of Woori Bank (right), is taking a commemorative photo with Frode Sulberg, Ambassador of Norway to Korea, at the certificate awarding ceremony held at Woori Bank headquarters on the 22nd.

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