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http://dx.doi.org/10.13089/JKIISC.2022.32.1.141

Reinforcing Financial Data Exchange Security Policy with Information Security Issues of Data Broker  

Kim, Su-bong (Korea University)
Kwon, Hun-yeong (Korea University)
Publication Information
Journal of the Korea Institute of Information Security & Cryptology / v.32, no.1, 2022 , pp. 141-154 More about this Journal
Abstract
In the data economy era, various policies are being implemented to create an active data distribution environment. In South Korea, the formation of a big data distribution platform and data trading began with the launch of the Financial Data Exchange under public data governance. In the case of major advanced countries in the data field, they have built a data distribution environment based on the data broker industry for decades and have strengthened national data competitiveness through added values generated from the industry. However, behind the active data distribution through data brokers, there are numerous information security issues, which have resulted in various privacy issues and national security threats. These problems can occur sufficiently in the process of domestic financial data exchange. In our study, we analyzed various information security issues of data trading caused by data brokers and derived information security requirements to be considered when trading data. We verified whether information security requirements are well reflected in the information security policy for each transaction stage of the domestic financial data exchange. Based on the verification, measurements to strengthen information security for financial data exchange are presented in our paper.
Keywords
Data Trading; Data Brokers; Data Security; Information Security Policy; Personal Information;
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