The Financial Supervisory Service announced on the 26th that it has blocked more than 200,000 spam messages within five months of launching an investment spam message blocking service in collaboration with the Korea Internet & Security Agency (KISA) and the three mobile carriers.
This service is designed to block investment lure spam messages that contain keywords with a high potential for illegality in advance. The FSS noted, "During the first quarter of this year, there was a 66.4% reduction in reports of illegal investment-related spam messages compared to the previous quarter."
Starting in June, the FSS plans to expand the scope of the 'filtering service' to cover financial crimes that invade public interests, including illegal lending and collection spam messages. Additionally, there are plans to block spam messages at the sending stage.
The FSS stated, "We plan to strengthen cooperation among relevant agencies to reduce spam messages by continuously analyzing reported messages, reflecting the latest trends, and modifying or supplementing blocking keywords."