LG Uplus Corp. and GS Neotek join forces to expand corporate security business

[Financial News] LG Uplus Corp. is joining forces with GS Neotek to make a push into the enterprise security market.
The companies plan to build an integrated security framework that protects everything from user devices to networks, cloud and servers, and to broaden their cooperation into areas such as artificial intelligence (AI) security and account management.
LG Uplus Corp. said it signed a “Strategic Business Agreement for Cooperation in Security Business” (MOU) with GS Neotek at its Yongsan headquarters in Seoul on the 9th. Kwon Yong-hyun, head of LG Uplus Corp.'s Enterprise Division, and GS Neotek CEO Nam Ki-jeong were among those who attended the signing ceremony.
The agreement centers on combining LG Uplus Corp.'s network security capabilities with GS Neotek's expertise in cloud deployment and operations. LG Uplus Corp. has developed security monitoring capabilities through its nationwide telecom network and data center operations, while GS Neotek has built expertise in enterprise cloud deployment and server and data security management.
Specifically, the companies are working to link GS Neotek's security service, Security Lens, with LG Uplus Corp.'s cloud-based integrated network and security platform, U+SASE.
U+SASE protects user devices, networks and web access, while Security Lens is responsible for checking and managing the security status of servers and data within the cloud. This is expected to reduce the burden on businesses of having to deploy multiple security services separately and allow them to operate an integrated security environment from endpoints to the cloud.
LG Uplus Corp. and GS Neotek plan to expand their cooperation into AI security, account management and security monitoring.
Areas of cooperation will include AlphaKey, a cloud-based integrated account management solution; U+Safe AI, an AI-specific data loss prevention solution; and managed detection and response (MDR) security monitoring. The companies also plan to develop concrete business models, including reselling security services and joint sales.
LG Uplus Corp. plans to use this collaboration to strengthen its “Telco-Native security” strategy, which combines telecom networks, data centers, cloud and security capabilities. Its goal is to provide an integrated offering covering everything from the planning and deployment of security services businesses need to their operation.
Kwon Yong-hyun, head of LG Uplus Corp.'s Enterprise Division, said, “As companies' work environments become more complex, the burden on customers of having to deploy and operate multiple security services separately is also growing.” He added, “Together with GS Neotek, we will reduce the burden of managing security operations for our customers and provide integrated security services that are easy and convenient to use.”


[email protected] Yoon Hong-jip Reporter