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AhnLab suffered many challenges even before the establishment, but now proudly celebrates its 10 year anniversary. A company has a 5-year survival rate of 10% so the 10-year survival rate is merely 1%. Considering that the survival rate of a venture company is less than one-tenth of that of a general company, AhnLab has withstood the probability of less than 0.1%. I believe that the key to the survival and the development of AhnLab was due to not only the efforts of all of us, but also the help of others who were with us through the good and bad. I would like to take this opportunity to express my sincere thanks to all of you.

  1. This malware is constantly being distributed to users in Korea. Upon analyzing the detection log, AhnLab ASEC team discovered that njRAT is mostly distributed via Webhard and torrent websites, disguised as ordinary file such as video games, authentication tools, and utilities.
  2. AhnLab AhnLab Inc. Is Asias leading provider of integrated internet security solutions, capturing nearly two-thirds of the Korean anti-virus software market. AhnLabs products and services have.

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When I started thinking about my own business ten years ago, I thought a lot about the meaning of a business. Being a doctor and a programmer back then, I was comfortable in my own profession but was completely oblivious to the world of business and management. So, understanding the definition of a business was important to me as I am a person who works for a reason, a value that my heart calls for. The most basic function of a company is to be a location where involved members spend time and discover themselves. But this alone is not much different from being a freelancer. After arranging my thoughts, I came to a personal conclusion that the true meaning of working in a company or an organization is the ability to do valuable work together that cannot be accomplished individually.

However, I also questioned the universally acknowledged notion that the purpose of a company is to generate profit. But if we apply the backward reasoning, in order for a company to generate profit, it needs to create a product or service whose value can be recognized by its customers, and then sell it. Then, the key goal lies in the accomplishing a result, not profit. We witness problems in our society that arise from companies with the sole goal to generate profit regardless of the means. And perhaps the conflicts of human history are caused by the confusion of what should be the purpose and what should be the result. This is why I believe in the idea that a company’s profit is harvests from the results –in line with the wisdom to stay true and keep persistent for the result to follow.

Ministry of National Defense in central Seoul / Korea Times file

By Jun Ji-hye

AhnLab and EST Security are moving to join the bid for the Ministry of National Defense's biannual project to construct anti-virus software for military internet servers, company officials and industry sources Friday.

Another security software provider, Hauri, which has offered its anti-virus software in the previous projects, has also expressed its intention to participate in the bid, but the bidding is likely to be a two-way race between AhnLab and EST Security, considering that the ministry has been in a court battle with Hauri over the 2016 cyberattacks on military internet servers.

'We are interested in the bidding for the defense ministry's vaccine project,' an AhnLab official told The Korea Times.

An official from EST Security also said, 'We have decided to join the ministry's project.'

The defense ministry is currently looking for potential bidders and seeks to finalize the selection process by the end of the month at the latest, according to sources and media reports.

Security software providers here have previously seemed reluctant to participate in the ministry's anti-virus software construction project as it was considered to involve high risks but is not that profitable

The military internet servers here always run a risk of cyberattacks as the two Koreas are still technically at war.

Military prosecutors concluded in 2017 that the high-profile 2016 cyberattack ― in which a great deal of military data was leaked ― was the work of North Korean agents based in China. Leaked data included some confidential information on the South Korea-U.S. joint operational plan.

As Hauri was the sole bidder in 2017, the ministry had to sign a contract with the firm again despite the cyberattack.

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But the ongoing project that will cover two years from next year appears to have attracted more security software providers as the ministry increased its budget allocated to the project to about 10 billion won ($8.6 million) from the previous 4.1 billion won.

The ministry divided the project into two sections ― the purchase of anti-virus vaccines, for which 4 billion won will be used, and the system integration, for which 6 billion won has been allocated.

Security software providers are aiming to win a contract to sell their anti-virus vaccines.

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'Unlike in the past, this year's project seems to be worth a try in terms of profitability. This would be why large companies such as AhnLab and EST Security are participating,' an official from a security software provider said, asking not to be named.

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The ministry plans to purchase licenses of anti-virus vaccines through the Public Procurement Service after evaluating candidates.

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