Financial Security Institute "Enhances Security Capabilities"... Conducts Incident Response Training

[Asia Economy Reporter Song Seung-seop] The Financial Security Institute is set to begin its 2022 breach incident response training for 195 financial companies and electronic financial operators. The plan is to enhance security capabilities through intensive training, such as sudden server attacks and bypassing security systems.

According to the Financial Security Institute on the 15th, this training was prepared to prepare for cyberattacks and improve breach incident response capabilities. Recently, ransomware and ransom DDoS attacks aimed at monetary gain have been increasing. In particular, criminal methods are becoming more sophisticated, such as sending emails containing harmful programs by exploiting social issues like disaster relief fund announcements.

The training will be divided into DDoS attacks, server hacking attacks, and advanced persistent threat (APT) attacks, starting this month. It will assess the ability to detect, respond to, and recover from abnormal overloads on networks and systems. It will also evaluate the ability to respond to server and web vulnerability attacks, malware, and emails.

This year, to ensure effective training, content reflecting recent cyber threat cases and social issues will be developed and applied. Additionally, blind training, which involves attacking without prior notice of the attack, timing, or method to financial companies, will be expanded to all financial companies to conduct intensive training. To enhance training effectiveness, the number of attack methods that bypass security system detection and encrypted attacks will also increase.

Kim Cheol-woong, President of the Financial Security Institute, stated, “We will continue to conduct breach incident response training applying the latest cyber security issues,” adding, “We will support strengthening the security competitiveness of financial companies and creating a safe digital financial environment.”

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