Hyosung ITX, an IT-specialized subsidiary of Hyosung, announced on December 12th that the company would participate in the 'Cyber Security Summit' held from December 13th at the COEX Intercontinental Hotel in Samseong-dong, Seoul to introduce the next generation security solution 'Tanium' and give a session under the subject of the Next Generation End-Point Security.

Tanium is a new security solution that can save cost innovatively as it can grasp security state of the whole system only in 15 seconds and take charge of the security of hundreds of thousands PC's with a server.

After concluding a contract with Tanium on sales in Korea, Hyosung ITX is making a project with focus on public institutions and financial industry. An insider of Hyosung ITX said, 'Tanium solution reduces the security risk substantially because it is able to grasp any information of the system in real time and see the result within 15 seconds regardless of customers' system size' and 'it is making concrete outcome, as customers show growing interest recently, including being purchased by domestic public institutions.'

Hyosung's President Cho Hyun-joon (Head of the Information & Communications PG) said, 'As the Information Protection Industry Promotion Act was implemented last year and there are policies planned to promote the information protection industry such as the Information Protection Public Announcement System, public institutions and companies are expected to invest intensely on information protection in the next year,' and 'Hyosung ITX will secure customers from diverse fields through technical cooperation with Tanium, on the basis of its accumulated capacity for the SI (System Integration) and SM (System Maintenance) businesses.'

Meanwhile, Tanium Company started in 2007 as a product developer and has applied the Tanium solution to companies and government institutions over the world. It has emerged as a promising startup of the Silicon Valley in US and is recording 200% growth rate each year. It is receiving attention domestically and internationally due to the news that it has a plan for initial public offering (IPO) to NASDAQ next year.

Hyosung Corporation published this content on 12 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 January 2017 07:43:10 UTC.

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