South Korea announced a sweeping plan to counter voice phishing. The government stressed that scams threaten financial security and social trust. Moreover, officials emphasized the urgent need for coordinated action against rapidly evolving criminal tactics. Therefore, they introduced stronger measures that combine legislation, enforcement, and technology.
To begin, the government formed a comprehensive response team. This new team will run around the clock with 137 staff members. In addition, the unit will investigate scams, analyze suspicious cases, and block access to criminal activities. Consequently, authorities expect faster responses and better protection for potential victims.
Furthermore, officials placed stricter demands on mobile carriers. Carriers must identify unusual patterns in new phone activations at retail stores. For example, they need to monitor sudden rises in foreign subscriptions. If oversight fails, authorities will impose heavy penalties, including business suspensions. As a result, telecom firms must strengthen monitoring systems immediately.
Additionally, the government turned its focus to banks and financial companies. Officials revealed plans for legislation requiring financial institutions to share responsibility for victim losses. Thus, banks may need to provide partial or full compensation. This accountability forces firms to invest more in fraud prevention. Ultimately, victims will gain stronger protection and improved trust in financial services.
Moreover, leaders introduced an advanced artificial intelligence platform. The system will gather data across financial, telecom, and law enforcement sectors. Then, it will track suspicious accounts, block illegal transfers, and prevent fraud in real time. Consequently, authorities expect faster detection of criminal activity and reduced damage for citizens.
At the same time, law enforcement will receive stronger tools to fight fraud. The National Office of Investigation will lead a special task force. This team will dismantle organized groups that run voice phishing schemes. In addition, authorities will launch a five-month crackdown campaign. Therefore, they aim to weaken networks and restore confidence in public safety.
Overall, South Korea highlighted that voice phishing now represents a serious financial threat. The government responded with measures that address every stage of the crime. Moreover, by combining technology, regulation, and enforcement, leaders seek to protect both citizens and markets. The plan signals determination to defend national wealth from criminal exploitation.
