FSC Expands CISO Requirement for Insurance Sector; 7 Firms Must Comply by Year-End 2025
The Financial Supervisory Commission (FSC) of Taiwan is expanding the mandatory appointment of Chief Information Security Officers (CISO) in the insurance industry to enhance cybersecurity amid rapid digitalization. Seven firms meeting new thresholds must comply by December 2025.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 22:52
- 🔍 Collected: May 26, 2026 at 23:01 (8 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:42 (116h 41m after Collected)
According to the Central News Agency, the FSC is expanding the scope for CISO appointments due to the accelerating digitalization of the insurance sector. Previously, the requirement applied to firms with assets over NT$1 trillion. The new threshold includes firms with assets over NT$300 billion or online insurance premium income exceeding NT$500 million. A buffer period until December 31, 2025, has been granted to allow for organizational adjustments. Tsai Huo-yen, Deputy Director-General of the Insurance Bureau, stated that the amendment mandates the establishment of an independent information security unit. The seven affected companies include Farglory Life, Allianz Taiwan Life, Prudential Life, Macoto Life, Fubon Insurance, Cathay Century Insurance, and Tokio Marine Newa Insurance.
FAQ
Are Taiwanese insurance companies required to have a CISO?
Yes, insurance companies meeting specific asset or revenue thresholds are mandated to appoint a Chief Information Security Officer.