Monday, February 27, 2017

"Up to sneak insurance customers privacy?" Ttajyeobo any law or



[Korea Jeongseon financial newspaper reporters] # Q) is a financial company employee personal credit information collected through the inquiry, including past transaction information without consultation and information subject to sneak What happens if the insured?

Given the new financial privacy guidelines can confirm the Credit Information Act, the Privacy Act-related violations, like the above case.

27 days Finance Committee and the Financial Supervisory Service said eight banking associations' financial sectors Privacy Guidelines provided a financial amendment above, to determine the final draft in consultation with the Ministry of Government Administration and Home Affairs.

The financial authorities last from July 2013 was published in the Financial Sector Privacy Guidelines, since the financial institutions of personal information leakage incidents Enhanced Credit Information Act for the Prevention of amendments, gotta drafting changes appear enforcement at this time after 2014, reflecting Privacy Act amendments.

According to the amendments, as described later in accordance with the Credit Information Act to collect and separate the details of the required and optional agreed to provide credit information to receive consent agreement scheme it is improved.

In the Personal Information Protection Act when the only legitimate basis to be able to handle social security number, if kept, the enhanced security through encryption.

Also collect personal credit information, and other personal information, such as the collection of personal information collected, used, etc., provided he described in detail the step-by-step process with specific rules prevail.

The relevant case law, commentary and authoritative interpretation so that such information can refer to the practice, and provided details about the implementation of standards through concrete examples of how such collection, use, and deletion of personal credit information provided.

Personal (credit) information outlining the details of the above cases, contact the financial institution were many more questions and answers regarding the protection business were 82 dogs.

Financial authorities have two months to guide and map to distribute the revised guidelines and financial institutions to comply with the law itself.

FSC official said that "it established a trust banking environment in which personal information could be securely collect, process and management of financial consumers 'saying' we will continue to reflect such legislation amendments to the guidelines revised in the future."

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