Gangwon-do and Wonju City Sign 10.1 Billion KRW Investment and Wonju Relocation Agreement with Secuwiz Co., Ltd.

Relocation of Headquarters and Research Center... Total Investment of 10.1 Billion KRW, Plan to Create 65 Jobs

(Photo from left) Kim Myung-jung, Deputy Governor for Economy of Gangwon Province; Kim Ki-soo, CEO of SecureWiz Co., Ltd.; Won Chang-mook, Mayor of Wonju City [Provided by Gangwon Province]

[Asia Economy Reporter Ra Young-cheol] Gangwon Province and Wonju City are attracting a leading domestic network security specialized company to the Wonju Enterprise City.

Gangwon Province announced on the 26th that "the province, Wonju City, and SecuWiz Co., Ltd., the number one company in market share among domestic network security specialized public institutions, signed a memorandum of understanding (MOU) regarding investment in Wonju Enterprise City."

According to the province, SecuWiz Co., Ltd. plans to invest a total of 10.1 billion KRW to relocate its headquarters and research center, creating 65 jobs (35 existing employees and 30 new hires).

SecuWiz Co., Ltd. is an information security software development and implementation service company that developed 'SecuwaySSL,' an SSL-VPN (Secure Sockets Layer Virtual Private Network) security solution providing encrypted communication and security functions to networks exposed externally, such as the internet, using proprietary technology.

'SSL-VPN' refers to a virtual private network equipped with the function to protect information content by encrypting data during communication between a web browser and a server, so that even if information is leaked through hacking en route, the information remains secure.

In particular, the demand for security products to respond to complex and diverse situations such as personal information leakage incidents on corporate servers, the increasing sophistication and advancement of security attacks, and remote access due to the recent rise in telecommuting is growing.

SecuWiz Co., Ltd. plans to relocate its headquarters and research center and establish a security and control service center on a 6,262㎡ (approximately 1,900 pyeong) site within Wonju Enterprise City by June 2024, and additionally hire about 30 local talents in the relevant field.

Kim Ki-su, CEO of SecuWiz Co., Ltd., expressed his ambition, stating, "By relocating to Gangwon Province and focusing all company capabilities on the development and production of next-generation security products, we will grow into a mid-sized company centered on security technology research and development within the next five years."

This content was produced with the assistance of AI translation services.