Lotte Innovate said it signed a memorandum of understanding with Thales on Oct. 28 at its Seoul headquarters, an alliance that pairs the French group’s Imperva web security technology with the Korean company’s security operations platform and sets up a push into outside corporate clients.
The agreement, disclosed on Nov. 11, covers cooperation on Imperva’s web application and API protection (WAAP) suite, software aimed at threats that increasingly rely on artificial intelligence and automated attack tools. Thales, which spans aerospace and defense as well as cyber and digital businesses, bought Imperva in December 2023, adding web application firewalls, API security and data protection to its portfolio.
Under the arrangement, Lotte Innovate will work on four fronts: extending application security across all Lotte affiliates by connecting AI-based web security tools to its monitoring platform; sharpening its framework for detecting and responding to intelligent attacks; packaging the combined capabilities as a commercial service; and setting joint marketing and business strategy to bring in new customers. The signing was attended by Lee Chang-yun, who heads Lotte Innovate’s converged security division, Ham Deok-hwan, senior managing director and head of sales at Thales CSP Korea, and Jeff Chen, head of engineering at Thales GCK.
The Korean company already runs round-the-clock security monitoring and an advanced persistent threat response system for the IT infrastructure of Lotte affiliates, and says it has completed more than 1,000 security projects. It also sells internal asset protection tools under its own SecuFy brand and has been widening its reach into physical security through autonomous security and safety robots.
The central piece of the tie-up is the link between the web firewall’s ability to spot and block malicious traffic and anomalous access, and the monitoring platform’s threat analysis and response functions. Lotte Innovate expects that combination to help corporate customers cope more systematically with attacks that are growing harder to detect.
A company official framed the partnership as a response to a shifting threat landscape. “As AI spreads, cyberthreats are becoming more sophisticated, making integrated detection, analysis, and response capabilities more important than standalone security tools,” the official said, adding that the company intends to pair Thales’ global security technology with its own operations know-how to “roll out differentiated services and strengthen the growth base of our AI security business by expanding external clients.”
The company plans to launch an “AI premium security monitoring service” this month and to conduct joint marketing with Thales as it courts new corporate customers. Longer term, it aims to keep broadening its portfolio to match changes in corporate IT environments, including the spread of AI and cloud computing.
ItemDetailSigning dateOct. 28, at Lotte Innovate’s Seoul headquartersDisclosedNov. 11Core technologyImperva web application and API protection, acquired by Thales in December 2023Work areasLotte-wide application security, attack detection and response, integrated service packaging, joint marketingNew service launchAI premium security monitoring service, this monthTrack record citedMore than 1,000 security projects completed
Note: Details are from Lotte Innovate’s announcement.
The move matters for Lotte Innovate because its security business has leaned heavily on work for its own affiliates, a base that caps growth. Selling packaged services to outside companies would put it in more direct competition with established security operators and global vendors in Korea’s managed security market, where demand is being reshaped by AI-generated attacks and cloud migration.
For Thales, the partnership offers a channel into Korean conglomerate IT environments for Imperva products, which the French company has been folding into a broader cyber portfolio since the acquisition. The two sides have not disclosed the financial terms of the agreement or revenue targets for the new service.
Lotte Innovate’s security operations cover consulting, system building, continuous monitoring, in-house products and physical security, an end-to-end lineup it intends to use as the foundation for the external expansion.
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