Company Details
kccd
1
0
5416
or.kr
0
KOR_1845092
In-progress

Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 Company CyberSecurity Posture
or.krKorea Council of Corporate Directors (KCCD), in collaboration with the Korea Exchange (KRX) is committed to enhancing corporate governance and protectinginancial consumers in South Korea and Global KCCD provides corporate boards with strategic guidance to strengthen transparency, accountability, and leadership in an increasingly complex macroeconomic and regulatory environment.
Company Details
kccd
1
0
5416
or.kr
0
KOR_1845092
In-progress
Between 750 and 799

KCCD Global Score (TPRM)XXXX

Description: **South Korea’s Financial Watchdog Calls for Increased Cybersecurity Spending Amid Rising Threats** South Korea’s Financial Supervisory Service (FSS) is pressing corporations to boost cybersecurity budgets, warning that current investment levels fall short of international standards and leave businesses vulnerable to catastrophic breaches. FSS Governor Lee Chan-jin, speaking at his first press briefing since taking office in August, highlighted the disparity in spending, noting that Korean companies allocate far less to security than their U.S. counterparts and even the global average. Lee emphasized the severe financial risks of underinvestment, stating that a major cyber incident could threaten business continuity or even lead to bankruptcy. The push for higher budgets comes as recent cyberattacks underscore the growing sophistication and frequency of threats targeting critical financial systems. The FSS’s stance reflects broader concerns over the country’s preparedness to counter evolving cyber risks in an increasingly digital economy.


Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 has 16.28% more incidents than the average of same-industry companies with at least one recorded incident.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 has 53.85% more incidents than the average of all companies with at least one recorded incident.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 reported 1 incidents this year: 1 cyber attacks, 0 ransomware, 0 vulnerabilities, 0 data breaches, compared to industry peers with at least 1 incident.
KCCD cyber incidents detection timeline including parent company and subsidiaries

Korea Council of Corporate Directors (KCCD), in collaboration with the Korea Exchange (KRX) is committed to enhancing corporate governance and protectinginancial consumers in South Korea and Global KCCD provides corporate boards with strategic guidance to strengthen transparency, accountability, and leadership in an increasingly complex macroeconomic and regulatory environment.


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Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.
The official website of Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 is https://kccd.or.kr.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회’s AI-generated cybersecurity score is 767, reflecting their Fair security posture.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 currently holds 0 security badges, indicating that no recognized compliance certifications are currently verified for the organization.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 is not certified under SOC 2 Type 1.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 does not hold a SOC 2 Type 2 certification.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 is not listed as GDPR compliant.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 does not currently maintain PCI DSS compliance.
According to Rankiteo, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 is not compliant with HIPAA regulations.
According to Rankiteo,Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 is not certified under ISO 27001, indicating the absence of a formally recognized information security management framework.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 operates primarily in the Business Consulting and Services industry.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 employs approximately 1 people worldwide.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 presently has no subsidiaries across any sectors.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회’s official LinkedIn profile has approximately 0 followers.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 is classified under the NAICS code 5416, which corresponds to Management, Scientific, and Technical Consulting Services.
No, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 does not have a profile on Crunchbase.
Yes, Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 maintains an official LinkedIn profile, which is actively utilized for branding and talent engagement, which can be accessed here: https://www.linkedin.com/company/kccd.
As of December 10, 2025, Rankiteo reports that Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 has experienced 1 cybersecurity incidents.
Korea Council of Corporate Directors (KCCD) / 한국기업이사회협의회 has an estimated 18,259 peer or competitor companies worldwide.
Incident Types: The types of cybersecurity incidents that have occurred include Cyber Attack.
Title: None
Description: Watchdog pushes for higher cybersecurity budgets following recent incidents in South Korea. The Financial Supervisory Service (FSS) urges corporates to increase security-related investment, citing lagging international benchmarks and inadequate risk recognition.
Type: Cyber Attack
Common Attack Types: The most common types of attacks the company has faced is Cyber Attack.

Operational Impact: Potential bankruptcy risk due to breaches

Lessons Learned: Current cybersecurity spending levels in South Korea lag international benchmarks and do not match the scale of risk to business continuity.

Recommendations: Increase security-related investment to align with international standards and mitigate risks of catastrophic breaches.
Key Lessons Learned: The key lessons learned from past incidents are Current cybersecurity spending levels in South Korea lag international benchmarks and do not match the scale of risk to business continuity.
Implemented Recommendations: The company has implemented the following recommendations to improve cybersecurity: Increase security-related investment to align with international standards and mitigate risks of catastrophic breaches..

Source: Korea Times
Additional Resources: Stakeholders can find additional resources on cybersecurity best practices at and Source: Korea Times.

Stakeholder Advisories: FSS Governor Lee Chan-jin advises corporates to recognize the risk of bankruptcy due to cyber breaches and increase cybersecurity budgets.
Advisories Provided: The company provides the following advisories to stakeholders and customers following an incident: was FSS Governor Lee Chan-jin advises corporates to recognize the risk of bankruptcy due to cyber breaches and increase cybersecurity budgets..

Root Causes: Inadequate cybersecurity investment and low risk recognition among Korean companies.
Most Significant Lesson Learned: The most significant lesson learned from past incidents was Current cybersecurity spending levels in South Korea lag international benchmarks and do not match the scale of risk to business continuity.
Most Significant Recommendation Implemented: The most significant recommendation implemented to improve cybersecurity was Increase security-related investment to align with international standards and mitigate risks of catastrophic breaches..
Most Recent Source: The most recent source of information about an incident is Korea Times.
Most Recent Stakeholder Advisory: The most recent stakeholder advisory issued was FSS Governor Lee Chan-jin advises corporates to recognize the risk of bankruptcy due to cyber breaches and increase cybersecurity budgets., .
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