[Market Focus] SoftCamp Surges to Upper Limit on Attention to Document Transfer Blocking Technology

SoftCamp showed strong performance in early trading.

As of 9:05 a.m. on December 1, SoftCamp surged by 29.98% (388 KRW) compared to the previous trading day, reaching the upper price limit at 1,682 KRW.

Following a large-scale data breach at Coupang, investor sentiment appears to have been boosted as SoftCamp, a cybersecurity company, has drawn attention for its security technology.

Independent research firm ValueFinder noted that it is time to focus on SoftCamp's DRM (Digital Rights Management) technology, which can prohibit external transfer of documents. The firm believes that, in light of the Coupang personal information leak, demand for SoftCamp's services among companies is likely to increase sharply. DRM is a technology that encrypts and authorizes documents themselves, preventing viewing even if the files are copied or transferred externally.

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