Lotte Innovate's security monitoring capabilities combined with Thales web security technology
Companies to launch AI premium security monitoring service this month, targeting corporate customers
Lotte Innovate is teaming up with Thales, a French global defense and cybersecurity company, to expand its AI security business. The two companies plan to accelerate their push into the corporate security market by combining their respective security technologies and monitoring capabilities into new services.
Lotte Innovate announced Wednesday that it signed an MOU with Thales on Oct. 28 to expand their AI security business cooperation.
Thales is a French global defense and cybersecurity firm. In December 2023, it acquired US cybersecurity company Imperva, adding web application firewall, application programming interface security and data protection technologies to its portfolio.
The signing ceremony was attended by key officials including Lee Chang-yun, head of Lotte Innovate's convergence security division; Ham Deok-hwan, senior managing director of Thales CSP Korea sales; and Jeff Chen, head of Thales GCK engineering.
Lotte Innovate has built up its security credentials through more than 1,000 security projects to date. The company has also established around-the-clock security monitoring and advanced persistent threat response systems for the IT infrastructure of multiple Lotte affiliates. Through its in-house security brand SecuFy, it also provides internal asset protection solutions for corporate clients.
The company plans to integrate Thales's security technology into this foundation to strengthen its capabilities in detecting and responding to cyberattacks.
Under the agreement, Lotte Innovate will pursue four initiatives: expanding application security for Lotte affiliates by linking AI-based web security technology with its security monitoring platform; upgrading its intelligent attack detection and response systems; commercializing an integrated security service product; and developing joint marketing and business strategies to attract new customers.
Lotte Innovate said it will use the partnership to strengthen its integrated security services and push into the broader external security market. Specifically, the company plans to launch an "AI premium security monitoring service" this month, combining Thales's security technology with its own monitoring capabilities, and will seek to bring in new corporate customers. The company added that it intends to continue expanding its security business in line with changes in the IT environment.
"As cyber threats grow more sophisticated with the spread of AI technology, the importance of integrated detection, analysis and response capabilities — beyond individual security solutions — is increasing," a Lotte Innovate official said. "We will combine Thales's global security technology with Lotte Innovate's security monitoring capabilities to offer differentiated services, and strengthen the growth foundation of our AI security business by expanding our external customer base."
young2@heraldcorp.com
