User:Kevinkph85
| File:INCA Internet Wiki.jpg | |
| Company type | Public |
|---|---|
| Industry | Computer 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 |
| Website | gameguard.nprotect.com |
INCA Internet Corporation (Korean: 잉카인터넷), also known as nProtect, is a corporation which sells computer software, especially antivirus software in the information security industry. 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. 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 worldwide. Approximately 200 million to 300 million users use the INCA Internet product daily in more than 170 countries. 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 31st, 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]. A major investor to the company is DFJ (Draper Fisher Jurvetson), a venture capital firm famous for funding Hotmail (acquired by Microsoft), Overture (acquired by Yahoo), Skype (acquired by eBay) and Baidu (the leading Chinese search engine).[3] 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 provided a new paradigm in the online PC security industry and went beyond the hardware and software based security solution and applied the concept of an Application Service Provider (ASP). The product performances have since been recognized by financial institutions, public institutions, on-line game companies and has acquired experience in the global market through international marketing.
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.[4] It acquired the ISO 9000 Certificate by TUViT, an IT certification institution affiliated to the german RWTUV group. 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 a total of 200 million users in over 23 countries.
History
INCA Internet first came into the market 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 River’ 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.
Markets
The business model of nProtect is to avoid the high market access barrier and intense competition “red ocean” market and conform to true customer and end-user’s niche and furthermore create various new business models that suit the broadband environment which requires an intimate co-work with the supplier. The main strength of the INCA Internet products are a SaaS (software as a service) model being applied to the entire product line. 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 business growth model of INCA Internet has been the following: Online PC security – Online Game Security – Unified Corporate Security – Web/Application Security – Anti-Virus Business – Online Anti-Virus Service – Package Anti-Virus Offline Business Expansion – Unification of the products for a Ubiquitous Security Solution.
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[5], UFJ[6], Tokyo Star Bank[6] are among some of the corporations using INCA Internet’s protection.
Corporate Affairs
CEO
Young Heum Joo, born in 1976, is considered one of the most successful young CEO’s of Korea. He developed a public vaccine called Anti-Virus Program 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. YoungHeum 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 of 2005, YoungHeum Joo has been the President and CEO of INCA Internet.[7][8]
Corporate Achievements
- 2001.12.13: Selected as Digital Times 2001 IT Hit Product
- 2001.12.15: Selected as 2001 Second Half of the Year Seokyong Hit Product by Seoul Financial Times (Hankooki.com)
- 2002.07.09: Acquired the ISO 9000 Certificate by TUViT, an IT certification institution affiliated to the German RWTUV group
- 2002.08.03: Awarded the Jang Yeong-sil 38th IR52 (Industrial Research) Award by the Ministry of Education, Science, and Technology of the Republic of Korea[4]
- 2002.12.06: Awarded the 3rd Korean Software Product Awards Bronze Award by the Federation of Korea Information Industries
- 2003.12.23: Awarded the Digital Innovations Awards 2003 Award-of-Excellence by the Promising Information & Communication Companies Association
- 2005.03.25: Awarded the Elite Manager of the Republic of Korea 2005 Award by The Herald Business of the Republic of Korea
- 2005.06.28: Awarded the First Half of the Year Popular Product Recommended Product Award by ETNEWS of the Republic of Korea for the product nProtect Netizen v4.0
- 2006.10.19: Awarded the Venture Business Awards 2006 Prime Minister Award by the Korea Venture Industry Association
- 2006.12.19: Awarded the 3rd Korean Software Technology Awards Award-of-Excellence by the Korean Software Promotion Agency
- 2007.07.11: Selected as one of the Deloitte Technology Fast50 Korea 2007 by Deloitte Anjin LLC
- 2007.12.06: Selected as one of the Deloitte Technology Fast 500 Asia Pacific by Deloitte Global[1]
- 2007.12.31: Selected as one of the 2007 Seoul Digital Valley TOP 100 CEO by the Guro District Office and the Korea Venture Industry Association
- 2008.05.15: Awarded the 5th Global Standard Management Awards First Prize for the Information Management Sector by the Korea Management Association (KMA)
- 2008.06.12: Selected as a Promising Export Small and Medium Company
Products
Online Game Security
- Provides a business model for online game companies and portal sites in the form of B2B2C to provide security service to game and internet users (from hacking, cracking, user account information stealing, system viruses and other cyber crimes)
nProtect Netizen, nProtect Personal, nProtect Keycrypt
Web based PC Security
- Considered the product’s functional aspect and service aspect
- Provides a safe environment for internet banking, electronic commerce and online transactions
- Provides 24 hour stable service and provides customization for clients
- Many business models are possible such as B2B2C, B2C, B2B according to the target market value chain and client niche and goal
nProtect Anti-Virus/Spyware, nProtect GameGuard Personal 2007
Anti-virus Solution
- Aimed at the niche market of online specific technology and a concept of SaaS (Software as a Service)
- Provides end-user clients with real-time protection from viruses, spyware, hacking tools and other malware
- GameGuard Personal product which contains PC optimization, game account protection, and Game Mode features for game users
nProtect Enterprise
Unified Solution
- Provides a business model for corporations, public institutions, research facilities and educational institutions in the form of B2B based on PC firewall technology and provides a unified PC security solution for corporate users
- Provides both efficiency and convenience with the unified features essential to security managers and electronic managers within the organization.
- Prevention of information leakage of sensitive and confidential information through information asset security.
See also
Notes and references
- ^ a b c "Prosecutors charge Samsung chief" (PDF). [Deloitte Touche Tohmatsu].
{{cite web}}: External link in|publisher= - ^ "Corporate Information of INCA". The Digital Times. 2006-04-10.
{{cite web}}: External link in|publisher= - ^ "About DFJ". [DFJ.com].
{{cite web}}: External link in|publisher= - ^ a b "INCA Internet awarded IR52 Award". [Maeil Business News]. 2002-08-04.
{{cite web}}: External link in|publisher= - ^ "INCA provides security for JCB Cards". Yonhap News. 2005-01-26.
- ^ a b "INCA Internet "ruling" Japanese Financial Institution Security Market". Money Today. 2005-04-07.
{{cite web}}: External link in|publisher= - ^ "INCA Internet CEO, Young Heum Joo". ETNews. 2005-12-08.
{{cite web}}: External link in|publisher= - ^ "INCA Internet Founder, Young Heum Joo". Money Today. 2005-12-08.
{{cite web}}: External link in|publisher=