Kakao Mobility to Jointly Operate Security Vulnerability Reporting and Reward Program with KISA

Kakao Mobility announced on August 6 that it will participate as a joint operator in the Korea Internet & Security Agency (KISA)'s "New Security Vulnerability Reporting and Reward Program" to strengthen its service security.

This program is part of KISA's "Bug Bounty Joint Operation System," which supports companies in identifying and proactively responding to security vulnerabilities. Bug bounty programs offer rewards or incentives to white-hat hackers who discover and report new security vulnerabilities in software or web services.

Lee Donggeun, Head of the Digital Threat Response Division at the Korea Internet & Security Agency, and Choi Jinwook, Chief Information Security Officer at Kakao Mobility, are taking a photo after signing a business agreement on the 5th. Photo by Kakao Mobility

The two companies held a business agreement ceremony on August 5 at Kakao Mobility's headquarters in Seongnam, Gyeonggi Province, to formalize their joint participation as operators in the new security vulnerability reporting and reward program.

Through this agreement, Kakao Mobility will expand the participation of external security experts to identify vulnerabilities in the Kakao T and Kakao Navi apps and web services. In particular, the company expects to be better prepared for increasingly sophisticated and intelligent hacking threats, including hacking attacks based on large language models (LLMs) using artificial intelligence (AI), automated hacking tools, and advanced persistent threats (APT).

Going forward, the two companies will collaborate in several areas: jointly operating the entire process of the reporting and reward program, including the reception, evaluation, and establishment of reward criteria for new security vulnerabilities; developing security patches in response to newly discovered vulnerabilities; and sharing information on the detection of new vulnerabilities and cyber threat trends.

The new security vulnerability reporting and reward program is open to any Korean national interested in the field of security. The two companies plan to evaluate outstanding vulnerabilities on a quarterly basis and award rewards according to the operational guidelines for reports that are proven to be valid.

Choi Jinwook, Chief Information Security Officer (Executive Director) at Kakao Mobility, stated, "Through this agreement, we expect to be able to identify security vulnerabilities at an early stage and proactively prevent damages such as the leakage of personal or sensitive corporate information, enabling a practical and comprehensive response to hacking threats. We will continue to work closely with KISA to establish a transparent and secure security response system and to create a service environment where users can feel safe."

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