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AI & Enterprise

Retriever raises pre-seed funding to speed development of AI-based security certification automation solution

Retriever, which provides the AI-based information security management system certification response automation solution Klarisk, said on June 9 it raised pre-seed funding from Mashup Ventures. The company said Klarisk uses AI to automate governance, risk and compliance work by analysing corporate data to identify compliance status and risks and suggest improvements. Retriever also secured up to 500 million won in R&D funds through the TIPS programme and is conducting technology verification with NH cooperative partners.

AI & Enterprise

Korea Digital Authentication Association\'s Yeom Heung-yeol takes office as new chairman

The Korea Digital Authentication Association said Yeom Heung-yeol (염흥열), an emeritus professor in the Department of Information Security at Soonchunhyang University, took office as its new chairman on June 1. It said he will focus on strengthening the reflection of South Korea\'s views in international standardisation bodies such as ITU and ISO, supporting member companies\' technological competitiveness and global expansion, and expanding cooperation networks with related institutions at home and abroad.

Crypto

Aton completes development of Vantage digital asset issuance and operations platform

Aton said on Thursday it has completed development of Vantage, a digital asset issuance and operations platform used in its stablecoin-based STO payment proof of concept. The company said Vantage is a B2B platform solution that enables financial firms and companies to issue and run branded digital assets such as won-pegged stablecoins. It integrates modules for user authentication, wallet creation, won conversions, payments and refunds, and transaction history management.