Korea Financial Security Institute Signs MOU with US and Japan Financial Security Agencies

From the left, Natsuko Inui, Asia-Pacific Regional Officer of the US FS-ISAC; Kim Cheol-ung, President of the Financial Security Institute; Michihiro Taniai, Chairman of Japan F-ISAC.

[Asia Economy Reporter Eunju Lee] The Financial Security Institute announced on the 14th that it has signed a Memorandum of Understanding (MOU) for cybersecurity cooperation in the financial sector with the United States' FS-ISAC and Japan's F-ISAC, both specialized financial security organizations.

ISAC stands for Information Sharing & Analysis Center, which refers to security organizations that share and analyze cybersecurity-related information. Through this MOU, the Financial Security Institute and the financial security organizations of the US and Japan have agreed to strengthen their cooperative relationship by sharing cyber threat information collected from the financial sectors of each country. Additionally, the three organizations plan to deliver special lectures on Korea-US-Japan cyber threat trends as keynote speakers at the Financial Security Conference FISCON 2022, hosted by the Financial Security Institute.

Kim Cheol-woong, President of the Financial Security Institute, stated, “A cooperative system among global financial security organizations is essential to proactively respond to financial sector cyber threats that occur without borders,” and added, “The Financial Security Institute will continuously expand its capabilities to respond to global cyber threats by expanding and developing its overseas financial security network through cooperation with specialized institutions in the US and Japan.”

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