The Financial Services Commission (FSC) has held a meeting to check the security readiness of South Korean financial institutions against cyber attacks by North Korea.
 
Top security officials from the Financial Supervisory Service (FSS), the Korea Exchange and commercial banks shared information on past attacks and their responses during the meeting on Wednesday in Seoul.
 
The FSC raised its advisory for a banking computer network crisis by one notch to ‘attention’ on Friday following the North’s fourth nuclear test.
 
The FSC plans to conduct an on-site security inspection this month of the country’s critical financial infrastructure including the Korean Exchange and the Korea Financial Telecommunications and Clearing Institute.