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05.2023 Group Briefing

Far Eastern International Bank and Beishi Investigation Office Initiate Joint Defense and Intelligence Cooperation

Far Eastern International Bank / Zhu Jialin
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855b01        On April 6th, Far Eastern International Bank and the Taipei City Investigation Office of the Investigation Bureau of the Ministry of Justice were represented by Thomas Chou President and Director Wu Fumei, respectively, to sign the "Memorandum of Understanding (MOU) on National Information Security Joint Defense and Information Sharing Cooperation". The two sides will share information on security and protection practices. Once a bank is attacked by asset security, the investigation department will assist in tracing the source and provide support to prevent blockages and promptly crack down on crimes.

        Financial institutions have always targeted hackers for attacks. Given the increasingly organized and systematic attack patterns, this cooperation not only helps to establish a national security joint defense mechanism, but also enhances the overall protection energy of Taiwan. It is a key link in creating a safe and trustworthy smart environment. Through the collaboration of the public and private sectors, on the one hand, we quickly grasp the latest threatening information to achieve early warning effects, and on the other hand, we accelerate the clarification of the context and the pursuit of behind the scenes hacker groups, blocking attacks from the source, improving response speed, ensuring continuous operation, and reducing damage.

        In response to the financial security threats brought about by digital transformation, Far Eastern International Bank formulates an execution plan based on its strategic blueprint every year, keeping up with the times in terms of refined security policies, management, and technology, and maintaining vigilance at all times to develop more comprehensive security defense against various attacks that hackers may launch. In recent years, following the "Financial Asset Security Action Plan" promoted by the Financial Supervisory Commission, we have continuously tested and refined asset security resilience. Through cooperation with the Taipei City Investigation Office and financial industry, we have launched a joint asset security prevention mechanism and actively responded to the rapidly changing threats and trends in asset security. In the future, we will work together with the public and private sectors to pursue customer rights and ensure financial stability.

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