Gwangju Bank Prevents 3 Billion KRW Voice Phishing Damage in First Half of This Year

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Gwangju Bank announced on the 16th that on the 15th, together with the Financial Supervisory Service Gwangju-Jeonnam Branch, the National Agricultural Cooperative Federation Gwangju Regional Headquarters, and NongHyup Bank Gwangju Business Headquarters, it conducted a street campaign to prevent voice phishing damage targeting citizens around Gwangju U-Square.

Gwangju Bank, the Financial Supervisory Service Gwangju-Jeonnam Branch, and other local financial institutions have been continuously making efforts to reduce voice phishing damage through close cooperation with related organizations such as the National Police Agency.

As a result, according to the announcement by the Financial Supervisory Service Gwangju-Jeonnam Branch, the number of voice phishing damage cases in the Gwangju area in the first quarter of 2022 was a total of 100 cases, a 56.3% decrease compared to 229 cases in the same period last year. However, there were 79 cases of high-value damage exceeding 10 million KRW, which continue to occur, and face-to-face extortion damage is also on the rise.

Accordingly, to prevent citizens from suffering damage due to voice phishing crimes and to raise awareness of the seriousness, a street campaign was held with the attendance of executives including Kim Tae-sung, head of the Financial Supervisory Service Gwangju-Jeonnam Branch, Jeong Chang-joo, vice president of Gwangju Bank, Go Seong-shin, head of the National Agricultural Cooperative Federation Gwangju Regional Headquarters, and Kim Seok-chan, head of NongHyup Bank Gwangju Business Headquarters. They distributed leaflets for voice phishing damage prevention and shared precautions and prevention measures with citizens.

Jeong Chang-joo, vice president of Gwangju Bank, said, “We are strengthening security functions and system advancement to protect financial consumers in order to prevent increasingly sophisticated voice phishing in advance,” and added, “We will take the lead in eradicating financial fraud to protect customers’ valuable assets and do our best to become Gwangju Bank, which is more trusted by local residents and customers.”

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