KB Financial Group said on March 13 it held its first-quarter Group Information Security Council on March 12 to create a safe financial environment. The meeting was attended by information security executives from the holding company and 11 affiliates, along with Choi Seok-moon (최석문), a vice president who serves as the holding company's compliance officer.

The Group Information Security Council serves as the group's information security control tower. Based on the group's information security operating guidelines, it establishes strategy, makes decisions on key issues and pushes joint projects.

The council held in-depth discussions on key security tasks for responding to the digital environment. These included plans to draw up the group's mid- to long-term information security master plan, operating results at the cybersecurity centre and measures to upgrade its organisational system, and building a group-wide integrated security monitoring system.

In line with the enactment of the Digital Finance Safety Act and the enforcement of the AI Basic Act, which have recently emerged as key tasks for the financial sector, the group focused on checking measures to comply with external laws and regulations. It also decided to prepare consistent group-wide guidelines for new security threats, including data leaks and model bias, stemming from the spread of AI services.

KB Financial's information security organisation is characterised by being operated under the holding company's compliance officer. Through this, it elevated information security to a group-wide compliance task and strengthened responsibility for protecting customer information.

The council was attended by the holding company's compliance officer, who discussed the annual business plan and key strategies for responding to major laws together. The group reviewed measures to build a security strategy integrating technical security and legal protection, and to create a financial environment that customers can use with confidence.

A KB Financial official said, "As AI technology advances and makes financial services more convenient, the underlying security system must also become more sophisticated." The official added, "KB Financial will provide customers with a safe financial environment that is not shaken by any threat through synergy between compliance and security technology, including by placing the information security organisation under the compliance officer."