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TDCC Establishes Digital Development and Information Security Department, Striving for Further Advancement of Digital Innovation and Resilience

2023/03/13

With the support and guidance of the Financial Supervisory Commission (FSC), Taiwan Depository and Clearing Corporation (TDCC) officially established its "Digital Development and Information Security Department" on March 13, 2023. Focusing on digital and information security, the specialized department will integrate diverse data and develop innovative applications, as well as design and operate security systems, establish digital financial infrastructure, and deepen the development vision of "innovation," "resilience," "sustainability," and "financial inclusion."

TDCC Chairman Han-Chiang Chu stated that the company has been established for over 30 years, with each decade being a generation. From the development process of "1.0 equity custody," "2.0 book-entry transfer," and "3.0 diversified business" to the current "4.0 digital and information security" stage, in order to draw up a blueprint for digital development and solidify its security capabilities, TDCC has established the Digital Development and Information Security Department to lead the market's digital development, create a model of joint defense for information security, and achieve the corporate value of "financial infrastructure, digital collaboration."

In order to establish a digital and information security department. The organization began planning and implementing the restructuring project in 2022, and conducted two rounds of recruitment for financial digital, information, and security professionals from other industries. TDCC also strengthened the digital and information security education and training of all employees through various methods, such as celebrity lectures and the TDCC e-Learning platform, in order to promote a digital culture and enhance security awareness.

TDCC has been deeply involved in digital services for a long time, having provided a number of digital services such as the eSMART digital book-entry transfer platform, the TDCC e-Passbook, e-Voting and Virtual Shareholder Meetings, and extended data value to assist regulatory authorities in market supervision. With specific actions, TDCC has implemented the development strategies of "building a financial services hub to improve market efficiency," "developing financial inclusion to enhance financial service accessibility," and "assisting in market supervision to demonstrate the effectiveness of financial technology." After the establishment of the Digital Development and Information Security Department, TDCC will continue to uphold three major strategies, launch diversified and innovative digital services, and cultivate more digital talent to serve participants, investors, and regulatory authorities.

Chairman Han-Chiang Chu also emphasized that another important mission of the Digital Development and Information Security Department is to enhance information security resilience. In line with the FSC's major policies such as the " Financial Cyber Security Action Plan 2.0," TDCC will actively promote information security governance, strengthen information security supervision, and horizontally carry out joint defense with other peripheral units to implement a multi-level defense mechanism, enhance cyber security resilience, and jointly create a new future of digital information security.

Digital Development and Information Security Department