LOCKIN TO WORK WITH SOUTHEAST ASIAN FINANCIAL SECTOR TO HASTEN SECURE DIGITALISATION

KUALA LUMPUR, Dec 28 (Bernama) -- South Korea’s Lockin Company plans to expand the presence of its flagship mobile security application, Lockin App Protector (LIAPP), in Southeast Asia by working with financial institutions and financial technology (fintech) firms and accelerating the region’s secure digitalisation of financial services.

The company said this would help create a more financially inclusive society for underserved citizens such as micro-business owners and rural communities.

“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,” said Lockin chief executive officer Myoung Kyu Choi in a statement.

Lockin said LIAPP already protects customer-facing applications of institutions such as Industrial Bank of Korea, KB Kookmin Bank’s network of apps in Cambodia, Myanmar, and Vietnam; Indonesian fintech firm Rupi; as well as one of Indonesia’s largest banks.

It said that running on a Runtime Application Self-Protection system, LIAPP offers rooting detection, anti-tampering, memory protection, native library protection, and screen capture prevention, among other cyber protection services.

“By delivering best-in-class 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 utmost security and comply with market regulations. Its services range from basic protection to LIAPP Enterprise, which safeguards cross-border enterprises such as fintech firms and banks,” Lockin added.

-- BERNAMA