[Click eStock] "Genians, Expected Beneficiary of Zero Trust"

IBK Investment & Securities forecasted on the 8th that Genieons will benefit from the government's 'Strategy to Secure Global Competitiveness in the Information Security Industry.'

Researcher Chaeyun Seok of IBK Investment & Securities introduced, "Following the international recognition that the level of a country's information security industry is directly linked to national security, a zero-trust transition roadmap has also been announced domestically."

He explained, "Zero-trust is a new security concept that, unlike traditional perimeter-based security, assumes the network is already compromised when requesting access to information systems, requiring continuous verification under the assumption that nothing can be trusted."

He added, "According to Gartner, the global Zero Trust Network Access (ZTNA) market is expected to grow from $362 million in 2020 at an average annual growth rate of 35.8%, reaching $1.674 billion by 2025."

Researcher Cha said, "Genieons is already participating in the 'Zero Trust Security Model Demonstration Support Project,' led by the Ministry of Science and ICT and the Korea Internet & Security Agency, as part of a consortium," and predicted, "They will secure their first customer this year."

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