| Mobile Web

Search results for Webcash

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

Webcash partners with Wiseall to support accounting, cash management for Chinese-affiliated firms

Webcash will expand supply of its accounting platform, Gyeongrinara, to Chinese-affiliated companies that have entered South Korea or are preparing to do so. The company said it signed a business agreement with Wiseall, which supports Chinese companies\' entry into South Korea. Under the deal, Wiseall will introduce the platform to its clients and help distribute it to companies in China. Webcash will develop system linkages and provide operational support.

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.