OKCoin's Xu Mingxing serves as a member of the National Internet Finance Security Technology Expert Committee

On the afternoon of August 26, the "National Internet Financial Security Technology Expert Committee Inaugural Meeting" initiated by the Ministry of Industry and Information Technology was grandly held in Beijing. Leaders from relevant departments such as the Ministry of Industry and Information Technology, the Ministry of Public Security, the People's Bank of China, the State Administration for Industry and Commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission, and the China Insurance Regulatory Commission were all present. Relevant personnel from the virtual currency company OKCoin trading platform were invited to attend the inaugural meeting as members of the special committee.

The conference elected Zhou Hongren, executive deputy director of the National Information Technology Expert Advisory Committee, as the chairman of the special committee, and Wu Xiaoling, deputy chairman of the National People's Congress Finance and Economics Committee, and Gao Lulin, former director of the State Intellectual Property Office, as deputy directors. The special committee set up a secretariat in the National Internet Emergency Center to be responsible for daily work.

Chief Engineer Zhang Feng of the Ministry of Industry and Information Technology said in his speech that as the competent department of the Internet industry, the Ministry of Industry and Information Technology will work closely with the "one bank and three commissions" and other departments based on the division of responsibilities to actively promote the standardized, orderly and healthy development of my country's Internet finance.

The Internet Finance Security Technology Expert Committee brings together well-known experts from the government, research institutes, enterprises, etc., and pools the wisdom of various industries in Internet finance.

Zhang Feng said,

We hope to strengthen communication, enhance ties with associations such as the Internet Association of China, the Internet Finance Association of China, as well as financial and Internet companies, actively promote cross-industry cooperation, and strive to use information technology to ensure security, in order to provide support for promoting the development of the Internet finance industry and effective supervision.

At the meeting, Huang Chengqing, director of the National Internet Emergency Center, the organizer, introduced the purpose and functions of the special committee. The special committee aims to "gather the wisdom of experts, listen to the voice of the industry; give full play to technical advantages, make good use of Internet + thinking; study Internet finance security technology, maintain the security of the Internet finance industry; promote Internet finance resource sharing and promote the development of the Internet finance industry". With the functions of "National Internet Finance Security Risk Research Think Tank and National Internet Finance Security Technology Exchange Platform", it gathers industry experts, explores the value of technology, and gives full play to technical advantages. On the one hand, it provides strong technical support for the supervision of the Internet finance industry, and on the other hand, it provides security technology support for the development of the Internet finance industry. The National Internet Emergency Center is willing to give full play to its technical advantages, cooperate with relevant departments and enterprises of Internet finance, jointly promote security technology, promote the standardized development of the industry, and escort the national "Internet +" development strategy.

Zhou Hongren, deputy director of the special committee, said in his speech that participants in Internet finance have greatly exceeded the scope of the original banking supervision, and the innovation speed is very fast, the new business forms are developing rapidly, the business scope is very broad, and the trend of mixed operation is very obvious. The Internet finance industry has traditional financial risks such as credit risk, liquidity risk and operational risk, and is also facing new information technology risks. Zhou Hongren said that ensuring security is for development, and the person who tied the bell must be the one to untie it. The problems of the Internet finance industry still need to be solved by Internet technology.

Wu Xiaoling, deputy director of the special committee, said that at present, the security of the new financial system mainly includes two aspects, namely technical security and business security. Regarding the Internet risk analysis technology platform led by the National Internet Emergency Center, Wu Xiaoling believes that the main function of the platform is to monitor whether there are financial activities in society that cross the red line. In addition, ensuring network security and conducting economic information analysis are also the functions of the platform.

The prototype system of the National Internet Finance Risk Analysis Technology Platform built by the National Internet Emergency Center was introduced to the public for the first time at the meeting. The system can realize the overall situation of Internet finance, real-time monitoring and early warning of abnormal and illegal situations of enterprises, etc. At the meeting, the data monitored during the trial operation of the system was disclosed for the first time: as of August 26, the Internet Finance Technology Platform discovered 8,490 Internet Finance platforms and 618 million active Internet Finance users; 3,398 Internet Finance platforms with abnormalities were found, and 118 high-risk websites were warned; 1,877 Internet Finance websites and apps were found to have loopholes and were attacked 425,700 times. Since the construction of the Internet Finance Technology Platform, certain results have been achieved, which has strongly supported the relevant supervision work of the regulatory authorities.