INCA Internet

INCA Internet Co., Ltd.
(주) 잉카인터넷
Public
Industry Software
Founded Seoul, Republic of Korea
(Jan 31, 2000)
Founder Young Heum Joo
Headquarters Guro Digital Complex in Seoul, South Korea
Area served
Computer security
Key people
Young Heum Joo:
President and CEO
Products nProtect Netizen
nProtect GameGuard
GameGuard Personal 2007
nProtect Anti-virus/Spyware 2007
nProtect Internet Security 2007
nProtect Enterprise
nProtect Scanner USB
Slogan Beyond Security, For the better internet life!
Website www.nprotect.com
INCA Internet
Hangul 잉카인터넷
Revised Romanization Ingka Inteonet
McCune–Reischauer Ingk'a Int'ŏnet

INCA Internet Corporation (Korean: 잉카인터넷), also known as nProtect, is a corporation which sells computer software. INCA Internet was founded by Young Heum Joo, the current CEO and President of INCA Internet, in 2000. It offers anti-virus, anti-spyware, game security, and unified corporate security. Headquartered in Seoul, Republic of Korea, INCA Internet was selected as one of the Deloitte Technology Fast 50 Korea 2007 and Deloitte Technology Fast 500 Asia Pacific 2007.[1]

Company Overview

INCA Internet is one of the leading information security companies of the Republic of Korea and the line of products is branded 'nProtect'. Young Heum Joo found the company on January 31, 2000 and currently holds the position of CEO and President of INCA Internet. The company currently holds more than 70% of the market share of information security for Korean financial institutions and more than 90% of game portal security. It is a public company limited by shares, Young Hem Joo being the largest stockholder, followed by JAIC from Japan and MeesPierson from the Netherlands.[2] Other major investors include JAIC, Japan's largest independent venture capital firm, and KDB (Korea Development Bank).

The main business areas of INCA Internet include online PC security services for financial institutions, internet business corporations, and online game corporations among others, online game security solutions, a united PC security solution for corporate internal security and a B2C business such as an online Anti-Virus for normal internet users.

INCA Internet Headquarters Entrance at Guro Digital Complex, Seoul

INCA Internet was one of the first Application Service Provider (ASP) companies in the online PC security industry. The products are widely used by Korean and Japanese financial institutions, public institutions, worldwide on-line game companies.

INCA Internet was awarded the IR52 Jang Yeong-sil award, which is regarded as the highest and most reputable award in the Korean industrial technology field.[3] It acquired the ISO 9000 Certificate by TUViT, an IT certification institution affiliated to the German RWTUV group.[4] INCA Internet was the only information security company in Korea to be included in the Deloitte Technology Fast500 Asia Pacific 2007.[1] INCA Internet currently has client companies in 23 countries and a total of more than 200 million users in over 170 countries.

History

INCA Internet first came into the market on January 2000, and acquired a global patent through 'nProtect Netizen' which was the first program to provide a real-time client PC information security service. INCA Internet has developed into a strong corporation with an independent technology and is leading the Korean and Japanese security market in the financial and electronic commerce industry.

When INCA Internet was first founded, the internet usage's fast spread, ill-intended cyber attack pattern diversification, the user's niche for various complicated malware started to show the limit of single one-time purchase security solutions and HW based information security products. Since then, INCA Internet has quickly adjusted to the information security market trend and provided an end-user based user friendly PC security solution that is optimized for today's internet environment.

Since December 2005, INCA Internet has been located within the Guro Digital Complex, which is the largest IT industrial complex of Korea and played a pivotal role in the economic growth of Korea, referred to as the "Miracle on the Han" contributing 10% of national exports in the 1970s. It is a futuristic industrial hub, centering on research and development, advanced information, technology, and knowledge industries. The relocation has had a great synergy effect on INCA Internet and many IT corporations located here have benefited through information sharing and partnerships.[5]

Markets

All INCA Internet nProtect products apply a SaaS (software as a service) model. It was the first company of the security industry to provide internet banking security online and has since spread the SaaS model into PC security and web security.

The company currently holds more than 70% of the market share of information security for Korean financial institutions and more than 90% of game portal security. Internationally, INCA Internet mainly provides security solutions for China, Japan, South-east Asia, and Europe. Companies such as JCB Card,[6] UFJ,[7] Tokyo Star Bank[7] are among some of the corporations using INCA Internet's protection.

Corporate Affairs

CEO

Young Heum Joo, born in 1976, is the current CEO and President of INCA Internet.[8][9] He developed an anti-virus engine called Tachyon through Chollian, a Korean internet portal site and was a co-founder of the anti-virus company Hauri. In spite of his young age, due to his long experience in the vaccine industry, he is being recognized as one of the few vaccine experts of Korea. With this development experience, he founded INCA Internet which focuses on real-time PC information security services. Young Heum Joo worked as a software developer in Ahn Labs and also worked at the National Information Society Agency on research development. On March 1998, he co-founded Hauri and on January 2000 he founded INCA Internet. He stayed in Hauri until November 2003 when he became vice president of INCA Internet. Ever since December 2005, YoungHeum Joo has been the President and CEO of INCA Internet. On 2007, Young Heum Joo was selected as one of the 2007 Seoul Digital Valley TOP 100 CEO by the Guro District Office and the Korea Venture Industry Association.

Corporate Achievements

Products

nProtect GameGuard

Main article: nProtect GameGuard

Online Game Security System

nProtect Netizen, nProtect Personal, nProtect Keycrypt

ASP based PC Security

nProtect Anti-Virus/Spyware, nProtect GameGuard Personal 2007

Anti-virus Solution

nProtect Enterprise

Unified Solution

nProtect WebScan

Web Security

Criticism

Their programs are widely used in the Korean internet environment; and depend on ActiveX and Microsoft Windows. Internet banks in the Korea need these programs by law, so users using Linux, Mac OS X, or other browsers or operating systems besides Internet Explorer and Microsoft Windows can not access these online banks.[11]

Most of the functions run at kernel level of an OS, so versions of Windows that use UAC or User Account Control (Windows Vista, Windows 7) are unable to run smoothly. Moreover, this program can crash kernel of x64 windows system and some input devices especially USB Keyboard, in conjunction with nProtect caused by same reason.

nProtect Netizen, nProtect Personal and nProtect Keycrypt are programs used mostly for internet banking in Korea. They are programmed to terminate processes that are not associated with banking, but processes are terminated indiscriminately if they are deemed a threat and thus may compromise a system's stability. These programs also inject themselves into all existing processes from startup, and sometimes collide with other anti-viruses. More problematically, Korean banks do not update their program every time INCA releases an update.

See also

Notes and references

  1. 1.0 1.1 1.2 "Technology Fast 500 Asia Pacific" (PDF). Deloitte Touche Tohmatsu.
  2. "Corporate Information of INCA". The Digital Times. 2006-04-10.
  3. 3.0 3.1 "INCA Internet awarded IR52 Award". Maeil Business News. 2002-08-04.
  4. 4.0 4.1 "INCA Internet acquires ISO 9000". Money Today. 2002-07-09.
  5. "Great Synergy Effect in Guro Digital Complex". Segye.com. 2008-07-18.
  6. "INCA provides security for JCB Cards". Yonhap News. 2005-01-26.
  7. 7.0 7.1 "INCA Internet "ruling" Japanese Financial Institution Security Market". Money Today. 2005-04-07.
  8. "INCA Internet CEO, Young Heum Joo". ETNews. 2005-12-08.
  9. "INCA Internet Founder, Young Heum Joo". Money Today. 2005-12-08.
  10. NProtect GameGuard
  11. Simply go to Internet banking page of the Post office of Korea, http://www.epostbank.go.kr/?dp_id=D_001 and try to run the banking menu. Using MSIE, you can see many Security Alerts. Using other browsers, you will be unable to proceed. That page means 'If you see alert message, must allow all(Message for only MSIE).

External links