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Korea's largest securities company also suffered damage amid serial hacking in the financial sector... Additional hacking concerns
AI-generated summary
Despite the recent series of hacks against the financial sector and the announcement of countermeasures against them, Mirae Asset Securities, Korea's largest securities company, also suffered hacking damage.
Amid a series of serial hacking incidents in the financial sector, information leaks due to hacking also occurred at Mirae Asset Securities.
Despite the recent series of hacks against the financial sector and the announcement of countermeasures against them, concerns about additional hacking are not subsiding as Korea's largest securities firm, Mirae Asset Securities, has also suffered hacking damage.
Mirae Asset Securities announced on the 7th that external attacks targeting the mobile web mobile phone authentication login service and groupware (mi-global) occurred one day apart on the 4th and 5th.

Nikkei reported that the global stock market capitalization evaporated by $3.5 trillion in one day due to the 'blue wave' shock caused by the prediction that the Democratic Party would regulate the AI industry after the U.S. midterm elections. The three major New York stock indexes plummeted simultaneously, and the Tokyo, Taiwan, and Korean stock markets also plummeted. Experts said that it is difficult to expect a sharp rebound in stock prices, and that there is an atmosphere of resignation among investors.

Toss operator Viva Republica received the Minister of Trade, Industry and Energy Award in recognition of its 2.2-fold increase in female technical personnel compared to two years ago and its achievements in supporting work-family balance. The number of female technical personnel increased from 90 in 2024 to 201 this year, and contributed to the prevention of career breaks through the operation of a directly managed daycare center and a reboarding system.
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The government's investment in research and development for new drug development decreased for two consecutive years from KRW 621.9 billion in 2022 to KRW 543.3 billion in 2024. Investment in candidate material derivation and optimization and clinical trials has decreased, and the industry has ordered systematic support from start-up to the initial stage to strengthen the bio ecosystem.

Due to the sluggish domestic stock market and the falling won/exchange rate, individual investors expanded their purchases of U.S. stocks. From the 2nd to the 6th, Seohak Ant's purchase of U.S. stocks amounted to $2.19753 billion, exceeding the net purchase amount in the month of August. The most purchased stock was the semiconductor 3x leveraged ETF ‘SOXL’.
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Next week (November 9-13), the Bank of Korea and the financial authorities will announce the status of household loans in the financial sector last month, and plans to improve the governance structure of financial companies to eradicate the 'corrupt inner circle' in the financial sector pointed out by President Lee Jae-myung will be revealed. On the 11th, the National Data Agency will announce the October employment trend report, and on the 13th, the Ministry of Finance and Economy will publish the November issue of Economic Trends (Green Book). Starting on the 9th, securities companies will be exempted from the obligation to maintain credit loan collateral ratios for three months.

Due to the strong performance of Samsung Electronics and SK Hynix, corporate local income tax revenue for local governments of semiconductor business sites in Gyeonggi-do next year is expected to increase by up to 12 times compared to this year. Five local governments, including Hwaseong, Pyeongtaek, Suwon, Yongin, and Icheon, are planning to invest in infrastructure and accumulate funds, expecting an increase in tax revenues worth trillions of won.