The Financial Supervisory Service to Introduce 'Spam-Free Text Safety Mark Service' Starting from the 20th
"Do Not Click on Text Messages Impersonating the Financial Supervisory Service"
The Financial Supervisory Service (FSS) is introducing a safety mark service to prevent financial consumer damage caused by spam and smishing text messages. From the 20th, financial consumers will be able to safely trust and discount text messages through the safety mark labeled "Verified Sender Number" and the FSS logo.
On the 19th, the FSS announced the introduction of the safety mark service due to the steady increase in reports and detections of smishing text messages, as well as the recent sharp rise in the number and proportion of smishing messages impersonating public institutions. The FSS sends approximately 1.65 million text messages annually to financial consumers and financial company employees for information delivery such as business guidance and notification of complaint progress.
Going forward, text messages sent by the FSS will display the safety mark and the FSS logo together, enabling financial consumers to clearly and easily identify the source of the messages. This measure was taken considering that existing text messages only showed the sender's phone number, causing users to often ignore messages such as complaint progress notifications due to concerns about smishing scams.
Additionally, the application of the next-generation standard (RCS), which is more advanced than existing text messages, will allow sending messages using various templates such as card-type images, enabling diverse information delivery through this method.
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An FSS official explained, "With the introduction of this text message safety mark service, we will actively encourage financial associations and financial companies to adopt the service so that it can be expanded to all financial sectors as soon as possible."
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