The following is a summary of the press releases made by the Financial Services Commission on 10 March 2014. These are action items and policies that the FSC and relevant ministries are seeking to implement. The following measures have developed from a series of measures previously announced since the data leakage from the three credit card companies were revealed last January.
- Strengthen Personal Data Protection At Each Stage That Financial Institutions Collect, Retain & Use and Discard Customers’ Data
- Ensure Financial Consumers’ Right To Personal Information
- Greater Responsibility Of Financial Institutions In Customers’ Data Protection
- Strengthen Financial Industry’s Cyber Security
- Establish Response System To Future Data Leak Accidents
- Future plan
