From Year-End, Messenger Accounts and Email Addresses Used for 'Fraudulent Transactions' Will Be Searchable

Police Agency, Personal Information Commission, and Platform Companies Sign Business Agreement
Automatic Blocking of Suspicious Fraud Transactions Starting Next Year

[Asia Economy Reporter Lee Gwan-ju] Starting at the end of this year, through the 'Cyber Fraud Damage Report History Inquiry' operated by the police, it will be possible to check mobile messenger accounts and email addresses used in fraudulent transactions. Additionally, next year, suspicious fraudulent transactions will be automatically blocked on peer-to-peer trading platforms.

The Personal Information Protection Commission, the National Police Agency, and peer-to-peer trading platforms Danggeun Market, Bungaejangter, and Junggonara signed a business agreement on the 22nd to provide such services for the 'Prevention of Cyber Fraud Damage.'

According to this agreement, from the end of next month, the National Police Agency plans to allow users to check the history of damage reports filed three or more times in the past three months by querying suspicious phone numbers, account numbers, mobile messenger accounts, and email addresses on the Cyber Investigation Bureau website and the CyberCop app.

This year, online transactions increased by 19.6% compared to last year, and mobile transactions accounted for 75.5% of the total online transaction amount of 48.2 trillion won. Meanwhile, online goods fraud cases nearly doubled over three years, from 92,636 cases in 2017 to 174,328 cases last year.

Kim Chang-ryong, Commissioner of the National Police Agency, said, "With the advancement of IT technology and the prolonged COVID-19 pandemic leading to a non-face-to-face society, cyber fraud crimes are also rapidly increasing," adding, "I hope this agreement ceremony will serve as an opportunity to prevent cyber fraud damage through public-private cooperation."

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