Security News > 2008 > December > Korea Plans Hacking Competition

http://www.koreatimes.co.kr/www/news/biz/2008/12/123_36163.html By Kim Tong-hyung Staff Reporter The Korea Times 12-15-2008 The government plans to invest 230 billion won (about $168 million) through 2013 to support local companies in the computer security industry. The plan announced by the Ministry of Knowledge and Economy, Monday, promises lavish investment for research and development (R&D) in key areas such as network security and convergence technologies and training for about 3,000 security experts, including ``ethical hackers.'' It also plans to host an international hacking competition. ``The importance of security technology is being stressed around the world now, as countries look for better ways to prevent crime, terror and disasters,'' said Lee Dong-geun, a ministry official said. ``We are expecting strong participation from businesses and the academic sectors to spur growth of the industry. Korean companies currently control 8 percent of the international security market, but through our investment plan, we want to boost that number to 13 percent,'' he said. The government will spend 150 billion won through 2013 to invest in research in the three key areas of network security, physical security systems and convergence technologies. [...] _______________________________________________ Help InfoSecNews.org with a donation! http://www.infosecnews.org/donate.html

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http://www.koreatimes.co.kr/www/news/biz/2008/12/123_36163.html