Igloo is gaining strength. It is interpreted to be influenced by the news that a Chinese-made ‘spy chip’ was discovered for the first time in weather observation equipment managed by domestic public institutions.
As of 10:25 AM on the 22nd, Igloo is trading at 6,070 won, up 3.58% compared to the previous day.
According to the industry, the National Intelligence Service recently discovered a backdoor capable of wireless eavesdropping or hacking in weather observation equipment of domestic public institutions. A backdoor means embedding a spy chip containing malicious code to remotely extract information. When a spy chip embedded with malicious code is built into Chinese-made equipment, hackers can steal information through wireless frequencies.
Although there have been suspicions of backdoors in Chinese-made software or networks, this is the first time it has been found in general hardware equipment. The National Intelligence Service is investigating the background of the discovery in the weather observation equipment. Weather-related fields such as climate change are considered advanced technology sectors.
Meanwhile, Igloo, a company specializing in integrated security control solutions, has its flagship product ‘SPiDER TM’ holding more than 70% market share in the public sector. It is used not only by public institutions but also in various fields such as finance and telecommunications.
In addition, in 2019, Igloo launched the country’s first AI next-generation security control solution ‘SPiDER TM AI,’ achieving first place in the public market, and through a partnership agreement with Microsoft (MS) Azure, it has agreed to provide security control solutions and services compatible with MS Azure.
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