| Mobile Web

Search results for ISA

Finance

Financial sector hit by hacking, security vulnerabilities exposed across the board

South Korea\'s financial sector faced a security emergency after a string of hacks and personal data leaks. Shinhan Bank had customer information for about 25,000 people leaked, while KB Kookmin Bank and Hana Bank confirmed leaks involving 119 and 89 customers. Regulators said related IP addresses linked to the same attacker were found across seven firms, with external-facing services used as attack routes. Authorities are investigating possible automated attacks using AI tools and ordered an industrywide security review.

Finance

ISA subscribers top 10 million after 10 years, 5 months, becoming a nationwide tax-saving account

Subscribers to South Korea\'s Individual Savings Account (ISA) topped 10 million for the first time 10 years and five months after its launch, the Korea Financial Investment Association said on Sept. 29. As of end-August, subscribers stood at 10.05 million and subscribed amount totalled 76.5 trillion won. Brokerage-type ISAs accounted for 89.3 percent of subscribers, while trust-type and discretionary management accounts declined. The share of subscribers in their 20s and 30s rose to 41.1 percent.

Finance

Korea Premium Week opens; government steps up long-term investment push, Kosdaq overhaul

Korea Premium Week 2026 opened in Seoul on Sept. 28 as the government laid out capital market reform priorities. President Lee Jae-myung (이재명) said the government has pursued system improvements such as revising the Commercial Act and tougher crackdowns on unfair trading. Officials outlined steps to expand long-term investment, strengthen risk management and investor trust, enhance shareholder-friendly governance, and reorganise Kosdaq, including a two-tier structure and tighter delisting standards.