LIAPP to expand presence it’s in Southeast Asia
By Leandra Monteiro
LIAPP (Lockin App Protector), the flagship mobile application cybersecurity service of South Korea-based firm Lockin Company, has announced plans to expand its presence in Southeast Asia by working with financial institutions and FinTech firms to accelerate the secure digitalization of financial services.
Lockin, CEO, Myoung Kyu Choi, shared, “Southeast Asia, one of the fastest growing economic regions in the world, is one of the regions most impacted by hackers, which has driven up demand for enhanced mobile app security. We plan to work with more financial service providers in Southeast Asia to strengthen mobile app security with LIAPP’s robust, cloud-based security infrastructure.”
LIAPP already protects customer-facing applications of institutions such as IBK Industrial Bank of Korea, KB Kookmin Bank’s network of apps in Cambodia, Myanmar, and Vietnam; FinTech provider Rupi in Indonesia; as well as one of Indonesia’s largest banks.
Running on a Runtime Application Self-Protection (RASP) system, it offers rooting detection, anti-tampering, memory protection, native library protection, and screen capture prevention, among other cyber protection services. Delivering advanced performance, LIAPP’s action-based detection technology prevents malicious app attacks by immediately detecting the first hint of tampering or suspicious app activity.
LIAPP constantly evolves to provide the utmost security and comply with market regulations. For instance, following Google’s restriction around QUERY_ALL_PACKAGES permission, it is still able to protect applications using its action-based detection technology, a distinct competitive advantage over competitors. LIAPP’s plans range from basic protection to LIAPP ENTERPRISE, which safeguards cross-border enterprises such as FinTech firms and banks.
IBSi Daily News Analysis
July 19, 2024
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