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Ksmartech, Leading Korean Developer Partners with Verimatrix to Offer Powerful App Security Technology for Automotive, Financial MarketsVerimatrix (Paris:VMX), a global provider of security and analytics solutions that protect devices, services and applications, today announced a strategic partnership with Korean-based Ksmartech Co., Ltd. A highly recognized Korean developer focused on IoT and mobile app security, Ksmartech previously included Verimatrix's (News - Alert) innovative Code Protection technologies into numerous app development projects. The partnership enables Ksmartech to expand its use of Verimatrix solutions and maximize security for globally recognized brands across the local automotive, banking and insurance markets. Ksmartech now also aims to begin including Verimatrix's Whitebox technology and ProtectMyApp services across multiple offerings for the Korean market, emphasizing the importance of foundational security measures at the code level that significantly deter attacks by cybercriminals. "With our track record of success in local banking markets, we looked to expand our partnership with Verimatrix, bringing the latest code protection and mobile app security technologies to well-known customers that depend on powerful, reliable security solutions for their millions of customers," said Sun-ho Jeong, CEO at Ksmartech. "Verimatrix is not only a code protection pioneer, but also an enabler of growth and a differentiator for those looking to use proven app security technologies." "Verimatrix sees this partnership as a pathway for an expanded presence in South Korea," said Asaf Ashkenazi, chief strategy officer at Verimatrix. "We are extremely pleased to partner with Ksmartech, one of the region's most renowned security-focused IoT and app developers, to bring the latest code protection technologies to markets that demand the best, time-tested innovations for apps that are relied upon by the masses."
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