ZIENThe number of reported cases related to security vulnerabilities in Internet of Things (IoT) devices, such as IP cameras, surged from 141 in 2020 to 333 in 2022. Security threats are also spreading across nations. Recently, a Chinese hacker group known as 'Xiaoqiying' breached the websites of 12 academic institutions and societies in South Korea, replacing their main screens with their own logo. It took up to a week to restore these websites, and Xiaoqiying even threatened additional attacks.
From websites of major corporations like Samsung and LG to those of small businesses, as well as the security of individuals using smartphones, smartwatches, and smart homes, everyone is under threat in this grim reality. However, amidst this unsettling scenario, there are beacons of hope like ZIEN, a company dedicated to researching IoT security.
While the number of security threats continues to rise and their methods become more sophisticated, companies like ZIEN are staying a few steps ahead, anticipating and defending against hackers' attacks with advanced security technologies that surpass the threats posed by hackers.
A Technology-Specialized Company Safeguarding IoT System Safety with an All-in-One Security Assessment Platform
ZIEN is a company dedicated to researching security in the Internet of Things (IoT), which is a core technology of the Fourth Industrial Revolution. Expanding its scope beyond smart homes, mobility, smart factories, and smart cities, ZIEN now offers security solutions in virtual environments such as metaverses and digital twins. Led by CEO Youngmin Cho, a former consultant at global consulting firm EY, the company's interest in IoT security was sparked while conducting IoT assessments actively adopted by telecommunication companies. Cho further deepened his knowledge and experience through activities such as pursuing a master's degree in Convergence Security at Chung-Ang University and teaching courses on IoT vulnerability analysis and security.
ZIEN focuses on consulting services leveraging the expertise of 11 team members with outstanding capabilities in vulnerability diagnosis and ethical hacking. Conducting penetration tests based on multiple hacking threat scenarios from a hacker's perspective, the team provides solutions for identified vulnerabilities. Another strength lies in its proprietary all-in-one security assessment platform, which is advantageous for both small and medium-sized enterprises and large corporations and government agencies vulnerable to hacking attacks through unmanaged assets. With the platform's automated technology, companies can conduct security assessments for their infrastructure, PCs, clouds, and services at once, while also supporting integrated vulnerability management and asset management.
With clear expertise in the field, ZIEN demonstrates remarkable progress through its technological developments. Even before its incorporation, the company was recognized for its technical prowess by being selected for the K-Startup Information Security Growth Program hosted by the Ministry of Science and ICT. It has also been selected for various programs such as K-Water Cooperation Startup, Youth Startup Academy, IBK Aerospace Innovation Startup, and KDB NetxONE. In December of last year, ZIEN achieved overwhelming victory in the 2022 Cyber Security Challenge, a smart home (IoT) hacking competition hosted by the Ministry of Science and ICT, winning the Minister of Science and ICT Award with a significant lead. Despite being in its early stages, just entering its third year, the company is rapidly increasing its influence and competitiveness in the market.
CEO Youngmin Cho aims to continue this positive momentum by securing channels for providing IoT security and information security consulting services and solutions, as well as planning for international expansion. The company plans to introduce its domestically developed security assessment platform to Asian countries such as Vietnam, Malaysia, and Japan, and expand its activities to the global stage in the United States and Europe.
The Security of the Digital Society: Not a Need, but a Necessity
At the heart of the Fourth Industrial Revolution's core keyword 'hyperconnectivity' lies IoT. Despite its convenience, rising incidents of data leaks via network vulnerabilities pose a growing concern. The Mirai botnet's large-scale DDoS attack, paralyzing over 1,200 websites, underscores IoT security threats. Exploiting hyperconnected vulnerabilities, past threats like 'Mirai' and recent ones like 'Mozi' have surged. In November 2021, Wallpad hacking exposed personal privacy videos and photos, signaling emerging challenges in securing home networks amidst the smart home market's expansion.
In the realm of corporate cybersecurity, while major enterprises are fortifying their networks and systems with robust security solutions, a critical area often overlooked is the security of home networks. Even if implemented, these measures often fall short due to the lack of specialized operational personnel. However, with the domestic smart home market poised for substantial growth, from approximately 22 trillion won in 2021 to a projected 27 trillion won by 2025, and further expansion into the domestic IoT platform market, estimated to reach approximately 26.7 trillion won by 2030, the question arises: are we inevitably vulnerable to security threats as we transition into the IoT era? CEO Youngmin Cho shares insights on methods to bolster individual security.
"From a corporate standpoint, investing in cybersecurity is not merely about profitability but rather a proactive measure to mitigate risks. However, given the potential magnitude of damages resulting from security breaches, it's imperative not to delay action in this crucial area. There's a pressing need for regulatory improvements, where legal frameworks governing security are not merely reactive but proactive, establishing a conducive environment for businesses to prioritize security. Additionally, a shift in perception is required, emphasizing the indispensability of security measures for business continuity and resilience."
In addition, he underscored the importance for companies, local governments, and even device manufacturers involved in the realms of smart homes, smart cities, and smart factories to remain vigilant against the evolving landscape of IoT security threats. Regular security assessments and vigilant monitoring are essential measures to mitigate vulnerabilities and swiftly respond to any breaches or suspicious activities. It's imperative for all stakeholders across the entire lifecycle of IoT devices, from development to usage and management, to collaborate in fortifying the security infrastructure.
On the user front, there are practical steps individuals can take to bolster their own security. Adopting strong, unique passwords for IoT devices and refraining from unnecessary network services can significantly reduce the risk of unauthorized access and hacking attempts. Additionally, staying proactive with timely updates for IoT devices is crucial to staying ahead of potential vulnerabilities.
With these insights in mind, he vowed to uphold the role of a cybersecurity advocate, committed to conducting ongoing security assessments and monitoring activities to preemptively address emerging threats in the ever-expanding landscape of IoT services. Notably, ZIEN has recently unveiled an innovative "anomaly detection solution," designed to not only thwart hacking attempts but also provide comprehensive security monitoring capabilities. By harnessing advanced AI analysis alongside traditional pattern-based detection methods, this solution promises heightened accuracy and speed in identifying and mitigating hacking attacks, thereby ensuring robust security measures. With a steadfast commitment to innovation and security, ZIEN aims to pave the way for a future where the benefits of smart technology can be enjoyed by all, from individual smart homes to interconnected smart cities.
Set to Evolve into a Global Security Powerhouse: The Future of Security
Youngmin Cho, CEO of ZIEN, is conducting various security education programs.These include practical training sessions on identifying and mitigating security vulnerabilities, particularly in IoT, held at institutions like Multicampus, KT, Samsung, and ETRI National Security Technology Research Institute. He also emphasizes ethical education for employees. In December 2022, police arrested a suspect who hacked into the wall pads of 400,000 apartments after a year-long investigation. Shockingly, the suspect was an IT security expert. This hacker had previously informed the media about vulnerabilities in wall pads. Utilizing his security knowledge, he infiltrated the apartment complex's central server and installed malicious apps, illegally filming through each wall pad.
As there are cases where personnel who have learned hacking techniques or security skills fall into the temptation of black hat hacking, CEO Cho constantly learns about security ethics and crime to ensure that employees take pride in being white hat hackers and fulfill their roles. While the threat of black hat hackers stealing information by hijacking privileges may continue, thanks to white hat hackers fighting to prevent malicious hacking and secure vulnerabilities, we can focus on our daily lives.
ZIEN continues its steady research with the goal of enabling everyone to enjoy a safe and smart world, from smart homes to smart cities. Always prioritizing the perspective of the customers, ZIEN aims to become a reliable partner for customers, ensuring mutual growth by going beyond their expectations.
"Based on respect and trust for our customers, we strive to establish a foundation that can persist in the ever-evolving global era of endless competition, while aiming to become a central figure in the field of security solutions recognized worldwide, not only domestically. Through continuous research and solution development in IoT security, I hope that everyone can live a safe and smart life. We will do our best to be the company trusted for IoT security worldwide."
ZIEN will continue its efforts to protect our safe and secure everyday life based on technology, security infrastructure, and professional capabilities.
Source : Monthly People