Financial Security Institute Establishes Information and Communication Industry Standard for 'De-identification Process Framework'

[Asia Economy Reporter Kwangho Lee] The Financial Security Institute announced on the 1st that the 'De-identification Process Framework for Communication Service Providers,' developed under the leadership of the Financial Security Institute, has been established as an Information and Communication Organization Standard.

The newly established standard for the De-identification Process Framework for Communication Service Providers consists of an overview of the de-identification process, the de-identification process framework, and the usefulness of de-identified data.

The Financial Security Institute plans to promote the establishment of this standard as a national standard (KS) to actively utilize it in the domestic data industry. It also plans to revise other international standards related to data de-identification and information and communication organization standards.

Director Kim Young-gi stated, "As the de-identification process framework, an essential element for safe data utilization, has been established as an Information and Communication Organization Standard, it is expected that this standard will be widely used for safe pseudonymization and anonymization of personal information, thereby contributing to the revitalization of the domestic data industry."

Director Kim added, "The Financial Security Institute will actively engage in domestic and international data-related standardization activities and create a domestic data industry foundation to enable safe and efficient data utilization."

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