The Upbit logo. [Photo: Dunamu]

Dunamu has invested 62.7 billion won in information security over the past five years, data showed. As the operator of digital asset exchange Upbit, it is expanding related investment as it views security as a key element of trust in financial services.

Dunamu said on Sunday that its total investment in information security over the past five years amounted to 62.7 billion won.

Dunamu's information security investment has risen steadily. Spending increased from 5.7 billion won in 2021 to 8.7 billion won in 2022, 9.2 billion won in 2023 and 14.8 billion won in 2024. Last year, it invested 24.34 billion won, up about 64.7 percent from the previous year.

The amount Dunamu invested in information technology, or IT, last year was 210.33 billion won. The share allocated to information security was tallied at 11.6 percent. That is nearly twice the average corporate investment ratio of 6.28 percent.

It also expanded its security workforce. As of disclosures at the end of last year, Dunamu had 43.9 employees dedicated to information security, more than four times the 9.9 in 2021. Last year, it added about 10 more dedicated information security staff.

Dunamu Chief Information Security Officer Jaeyong Jung (정재용) said, "Digital finance can continue to exist within customers' trust, and its value can continue to expand." He added, "We will continue our efforts and investment to protect customer assets."

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#Dunamu #Upbit #information security #IT #CISO
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