"Rapid Increase in Electronic Financial Fraud Causing Damage After Installing Malicious Apps on Smartphones"

Gyeongnam Bank Implements 'Remote Control Blocking Service' to Prevent Electronic Financial Fraud View original image


[Asia Economy Reporter Park Sun-mi] BNK Gyeongnam Bank announced on the 28th that it is implementing a 'Remote Control Blocking Service' to prevent electronic financial fraud such as voice phishing.


The Remote Control Blocking Service displays a popup message when a remote control app is detected after launching the BNK Gyeongnam Bank mobile banking app, stating, "A remote control app is running on your phone. For secure financial transactions, please close the remote control app before using the banking service."


Subsequently, the service stops the execution as a precautionary measure to prevent electronic financial fraud.


The Remote Control Blocking Service is currently available only on personal mobile devices with the Android operating system (OS) and requires updating the BNK Gyeongnam Bank mobile banking app to the latest version.



Kim Young-rok, head of the Financial Consumer Protection Department, said, "Electronic financial fraud, which secretly installs malicious or remote apps on customers' smartphones to cause damage, is rapidly increasing. We will continuously enhance the Fraud Detection System (FDS) that detects and blocks abnormal financial transactions."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing