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Finance

Financial sector hacking spreads, delays gain support for digital asset tax postponement

A string of hacking incidents in South Korea’s financial sector has led to confirmed personal data leaks at savings banks and mutual finance groups, prompting authorities to step up inspections and security requirements. Banks are moving to raise cybersecurity spending and expand fraud prevention systems using AI. Market volatility and a steep stock selloff also drew a policy response. Political debate intensified over postponing digital asset taxation and regulating exchange shareholders.

Finance

Lawmakers raise discrimination claims in Naver-Toss POS dispute

Allegations were raised at a parliamentary audit that Naver unfairly excluded Toss Place during the integration of store point-of-sale systems. Rep. Song Eon-seok said Naver linked services with 15 POS firms but left out only Toss Place’s Toss POS. Toss Place CEO Choi Jae-ho said he had sought integration for two years without clear reasons. Fair Trade Commission Chairman Joo Byeong-ki said the agency should examine possible self-preferencing and unfair discrimination.

People

Toss Place launches open recruitment across all roles to hire hundreds

Toss Place is launching its first company-wide open recruitment drive since its incorporation, seeking to hire hundreds of new and experienced employees. The hiring will run through Oct. 31 across roles including business and sales, data, design, engineering, finance, marketing, HR, product, security and strategy. There is no limit on years of experience, and a previous six-month restriction on reapplicants has been removed.