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The Financial Security Institute will expand assessments beyond providers’ management systems to internet-facing production, development and testing environments, using AI to map assets and prioritise vulnerabilities.
South Korea’s Financial Security Institute (FSI) plans to widen its technical scrutiny of cloud service providers from 2027, adding checks of internet-accessible systems and using artificial intelligence to help identify assets and vulnerabilities that warrant attention.
The institute has assessed providers’ virtual resource management systems, including portals and consoles, since 2023. Its earlier work also drew on document and evidence reviews, site visits and demonstrations. The revised programme will extend coverage to exposed production, development and testing environments, where weaknesses could create risks beyond the provider itself. The Elec reported that the assessment supports financial firms’ use of cloud services, with findings available to inform decisions across the sector.
AI-enabled automation is intended to map assets for inspection and help prioritise vulnerabilities judged more likely to be exploited. FSI expects the approach to make evaluations more efficient and consistent. Byline Network reported that pilot checks in 2026 identified weaknesses that could potentially lead to personal information leaks, while other reports said the trials helped validate the new methods.
The enhanced checks are due to apply from 2027 to providers that have agreed to take part in advance. FSI president Park Sang-won warned that a cloud provider’s security lapse could affect the wider financial industry, rather than remaining an isolated corporate problem. He said the institute would continue supporting financial organisations so they could use cloud services with confidence, as cyber threats and reliance on external cloud infrastructure grow.
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Source: Fuse Wire Services


