Korea Credit Information Services Migrates to Next-Generation System... Processing Capacity Expanded 3.1-Fold

General credit information services restored
Security checks and monitoring strengthened before and after migration

Korea Credit Information Services has migrated its general credit information system, which is used for loan applications, card services, and account openings, to a next-generation system. It has expanded the system's maximum processing capacity to about 3.1 times its previous level and strengthened security checks and monitoring against cyber threats during the migration.

According to Korea Credit Information Services on October 12, the next-generation general credit information system has been operating stably since it went live at 8 a.m. on October 5. Related services, which were temporarily suspended for the migration, were also restored at the same time. Since launch, the agency has continued to check key functions and data processing status.

The general credit information system is widely used in people's everyday financial transactions and in the core operations of financial companies. To minimize the impact on financial companies and consumers during the migration, Korea Credit Information Services conducted advance checks and migration rehearsals and identified key risk factors.

In particular, to guard against cyber threats exploiting the system migration, the agency reviewed in advance and reduced vulnerabilities exposed to potential attacks, including external connection points. It also activated an intensive monitoring system before and after the launch to strengthen its response to unusual signs and intrusion attempts.

With this upgrade, maximum processing capacity (TPS) has increased to about 3.1 times its previous level, while system processing capacity, measured by CPU utilization, has improved 3.2 times. Korea Credit Information Services said the upgrade lays the foundation for responding more quickly and flexibly to changes in the financial environment.

After about two years of preparation, Korea Credit Information Services launched its next-generation insurance and technology credit information system on February 18 this year, and has now completed the migration of its general credit information system. "As data and AI drive innovation in the financial industry, we will keep pace with this trend and fulfill our role as core financial infrastructure that financial companies and the public can trust," said Yoo Su-young, president of Korea Credit Information Services.

This content was produced with the assistance of AI translation services.