The MyID Alliance continues to grow.
Ahnlab South Korea Restaurant
Tech News News: South Korea, issued an alert against cyber attacks after websites run by government agencies, including the presidential office and the national intel. The P/Earnings NTM ratio of AhnLab Inc. Is significantly lower than the median of its peer group: around 36.00. The company valuation of AhnLab Inc. According to these metrics is way below the market valuation of its peer group. The P/Earnings NTM ratio of AhnLab Inc. Is significantly lower than the average of its sector (Software): 24.61. In Ahn Cheol-Soo and computer entrepreneur who founded AhnLab, Inc., South Korea’s largest Internet security firm. He later entered politics, establishing the People’s Party (later reformed as Bareunmirae) and staging several unsuccessful bids for the presidency. Analysis Report on Attacks Targeting South Korea. This report shows attacks targeting South Korea; attack method and hacking groups. DownLoad: Targeted Attacks on Defense Industry. This report presents analysis of attacks on defense industry which can be serious concerns to national security.
The ICONLOOP-led DID network has expanded to 68 partners with the addition of six new companies and institutions.
Ahnlab South Korea Seoul
The new additions include Growth Partners that will implement MyID-bases ID systems and General Partners that will contribute to realizing a blockchain-based digital ID ecosystem.
Perhaps the biggest new addition is the iconic South Korean data security firm AhnLab, which joins as a “Growth Partner.” AhnLab’s V3 Internet Security software is South Korea’s preeminent antivirus solution with over 50% of the local market.
This makes South Korea one of only a handful of countries where U.S.-made cybersecurity solutions have failed to gain dominance.
Put bluntly, if you’ve used a computer in South Korea, you know AhnLab.
AhnLab’s founder, Ahn Cheol-soo, has since gone on to local prominence as a politician and presidential candidate. Readers may recall that an influential daily partially attributed ICX’s bull run earlier this year to the blockchain-friendly Ahn’s return to politics. AhnLab V3 has a virtual stranglehold on the public sector’s antivirus solution market, a slight hiccup last year notwithstanding.
Another major player to join the Alliance is NHN KCP, South Korea’s largest payment gateway and network operator. The “total e-commerce leader” signs on as a Growth Partner.
The other companies and institutions to join are the paperless trade provider KTNET, leading South Korean crypto finance company Delio, IoT and smart city platform specialist Gractor and decentralized advertising platform weBloc, all of whom join as Growth Partners.
Expect the MyID Alliance’s growth to continue in the wake of recent legal changes that have shaken up South Korea’s local digital ID ecosystem.
The office of Optimus Asset Management is shown in Seoul. (Yonhap) |
The list of investors for fraudulent hedge funds operated by South Korea’s Optimus Asset Management included leading food company Ottogi, which invested 15 billion won, and Kosdaq-listed antivirus software firm AhnLab, which invested 7 billion won, according to the local Korean Economic Daily.
The unlisted Hanwha General Chemical, Hanwha Group’s chemicals unit, made the biggest investment in the hedge fund of 50 billion won. The company, however, saw no loss in the investment, as it redeemed all the capital in September last year, an official said.
Convenience store chain BGF Retail also put in 10 billion won, while LS Electric and game company Nexon invested 5 billion won and 3 billion won, respectively.
The list also included JYP Entertainment and LS Electric affiliate LS Metal, respectively investing 4 billion won and 5 billion won, with each losing some 30 percent of their investment.
HDC and Hanil Cement also put billions of won into the funds, it added.
Besides local firms, private universities such as Sungkyunkwan University, Hannam University and Konkuk University each invested some 4 billion won. Public institutions such as the Korea Racing Authority, Korea Communications Agency and Korea Rural Community Corp. also made large investments into the fraudulent funds.
Meanwhile, Optimus Asset sold over 1.5 trillion won of their funds to over 3,000 retail investors and companies through large brokerages and banks for three years, from June 2017 to May this year.
By Jie Ye-eun (yeeun@heraldcorp.com)