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S. Korea: Banks Required to Beef Up Network Systems |
| Source: |
english.yonhapnews.co.kr |
| Source Date: |
Thursday, July 11, 2013 |
| Focus: |
Electronic and Mobile Government, Citizen Engagement, Internet Governance
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| Country: |
Korea (Republic of) |
| Created: |
Jul 16, 2013 |
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The financial regulator said Thursday it will require banks to build a two-pronged network system in a bid to avert cyber attacks after a series of online hackings into some of their websites.
The Financial Services Commission (FSC), the country's top financial watchdog, said it plans to have large banks separate their network systems into two partitions -- one for internal use and the other for online use -- by next year.
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S. Korea: Banks Required to Beef Up Network Systems The financial regulator said Thursday it will require banks to build a two-pronged network system in a bid to avert cyber attacks after a series of online hackings into some of their websites
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