Yuanta Securities stated on August 5 that as endpoint detection and response (EDR) solutions are becoming a basic option for cybersecurity, Genian is expected to benefit from this trend.
Kwon Myungjun, a researcher at Yuanta Securities, explained, "SKT, as a countermeasure to prevent recurrence after the hacking incident, has proposed the introduction of a multi-factor authentication system, encryption and storage of key information, and the adoption of security solutions such as EDR and antivirus programs."
He continued, "EDR is gaining attention as a fundamental option in cybersecurity," and added, "EDR provides the capability to detect and respond to security threats occurring at endpoint devices." He emphasized, "Genian is a leading company in the domestic EDR sector," and "it is the primary choice for major companies in Korea."
Researcher Kwon analyzed, "Genian is also seeking to expand its EDR business overseas," and "it is targeting expansion into the Middle East and Southeast Asia regions."
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