Woori Bank Holds Awards Ceremony for 'WooriCon' Mock Hacking Competition

Awards for 5 Teams... Preferential Benefits for Applicants to Woori Bank

Woori Bank held the awards ceremony for the 'Mock Hacking Competition WooriCon' on the 12th at the Woori Bank headquarters located in Hoehyeon-dong, Jung-gu, Seoul. Kwon Kwang-seok, President of Woori Bank (second from the left), Kim Young-gi, President of the Financial Security Institute (first from the left), Ko Jung-hyun, Head of Woori Bank Information Security Group (fifth from the left), and Park Chun-sik, Professor at Ajou University (fourth from the left), are taking a commemorative photo with the grand prize winner.

[Asia Economy Reporter Jin-ho Kim] Woori Bank announced on the 15th that it held the awards ceremony for 'WooriCon,' the first mock hacking competition in the financial sector, conducted jointly with the Financial Security Institute.

The awards ceremony, held on the 12th at Woori Bank's headquarters in Jung-gu, Seoul, was attended by Kwon Kwang-seok, President of Woori Bank, Kim Young-gi, President of the Financial Security Institute, and Professor Park Chun-sik of Ajou University, who served as the head judge.

This competition, aimed at university and graduate students, was conducted by examining vulnerabilities from the perspective of cyber attackers across Woori Bank's internet banking and Woori Won banking services.

The winners were selected based on the importance and impact of the potential vulnerabilities they discovered, evaluated by security experts from the Financial Security Institute and professors from information security departments. A total of five teams were chosen: one grand prize winner, one excellence award winner, one merit award winner, and two encouragement award winners.

Winners will receive preferential benefits when applying for positions in Woori Bank's Digital and IT departments as well as at the Financial Security Institute.

Kwon Kwang-seok, President of Woori Bank, stated, “As the digital transformation of finance accelerates, the risks and impact of cyberattacks are also increasing, making the cultivation of information security talent a very important task.” He added, “This competition provided a great opportunity to nurture outstanding information security talents who will lead balanced growth in innovation and security.”

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