AI security company Everspin announced on the 20th that its anti-hacking solution 'EVERSAFE' has been introduced to Kyobo Bookstore. This introduction was made as a preemptive measure to strengthen customer information security amid the recent spate of personal information leaks at large companies.
Everspin's 'EverSafe' is mainly aimed at defending against credential stuffing, a type of cyber attack that has been on the rise recently. Credential stuffing is a hacking method in which hackers attempt to log in to a large number of accounts leaked from other sites through automated bots and steal personal information after successfully logging in. The recent personal information leak incident at a large distribution company was also due to this attack method, and responding to it is becoming more important.
An Everspin official said, “By introducing EverSafe, we can effectively block automated hacking attacks such as credential stuffing and further strengthen personal information protection.”
EverSafe is based on the MTD (Moving Target Defense) technology, which holds 33 patents worldwide. The MTD technology has the characteristic that the security module is constantly changing, making it almost impossible for hackers to succeed in attacking the system even if they try to analyze it. This technology is an innovative security concept proposed by the Obama administration in the United States in 2009, and its technical difficulty is so high that the actual implementation rate is less than 5% to date. EverSpin has successfully commercialized it and introduced it to the domestic financial market.
'Eversafe' has detected more than 40 million cases of data scraping in the past two years, and provides various web hacking security functions such as web source code protection, macro prevention, and zero-day filter. Currently, it has been introduced to major domestic financial institutions such as NH Nonghyup Bank, SBI Savings Bank, Samsung Card, Woori Card, Korea Investment & Securities, KB Securities, Kiwoom Securities, and Meritz Securities, as well as major PG companies such as Hecto Financial, and is continuing successful operations.
The industry predicts that security investments will continue to expand in the retail industry in the future. An information security expert emphasized, “Considering the impact of personal information leaks on corporate image and customer trust, preemptive security investments are no longer optional but essential.”
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