KISA Supports Domestic Security Companies' Entry into Latin American Market

'Korean-Style Cybersecurity and Physical Security Integrated Online Seminar' Held

[Asia Economy Reporter Jin-gyu Lee] The Korea Internet & Security Agency (KISA) announced on the 28th that it held an "Online Seminar on Korean-style Integrated Cybersecurity and Physical Security" to pioneer the public and private security markets in Latin America.

This seminar was organized to expand the non-face-to-face (untact) overseas market entry of domestic security companies, which have been contracted due to the novel coronavirus disease (COVID-19). Participants included officials from Latin American government agencies such as the Ministry of Science, Technology and Telecommunications and the Ministry of Justice of Costa Rica, the Central American Bank for Economic Integration (CABEI), and the Central American Information Security Association (CAMTIC), as well as representatives from four domestic companies including Hancom With. They shared Korea's integrated security control model, forensic solutions, and untact security solutions.

The Ministry of Justice of Costa Rica showed interest in an integrated security control system that can be applied to correctional facilities, and it is expected that future projects will enable entry not only with integrated control solutions but also linked with physical security such as biometric access control. Accordingly, KISA plans to continue follow-up discussions on detailed project implementation and funding plans for the integrated control system project.

Kim Seok-hwan, Director of KISA, said, "Until now, the Latin American market has been difficult for domestic information security companies to access due to physical distance, time, and cost burdens, but untact activities are becoming a good opportunity to lower entry barriers."

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