PRIBIT Technology

PRIBIT Technology

Zero Trust network security providing application access control.

HQ location
Seoul, South Korea
Website
Launch date
Employees
Enterprise value
$13—20m
Company register number
8528100962
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PRIBIT Technology, founded in 2018 by CEO Young-Rang Kim, is a network security company headquartered in Seoul, South Korea. The firm specializes in creating secure data transmission environments by overcoming legacy security issues inherent in traditional IP-based communications. The company operates on a Zero Trust security model, which assumes no user or application is trusted by default, requiring strict and persistent verification for all access requests.

The company's core product is PacketGo, a solution designed to provide secure network access based on Zero Trust principles. PacketGo's architecture has three main components: a software-defined perimeter (SDP) that creates secure perimeters around user groups and applications, micro-segmentation, and robust user identity and permission management. This technology provides application-level access control, allowing clients to block unauthorized or abnormal application access without altering their existing infrastructure. It is designed to be effective against malware and ransomware that might evade traditional antivirus software. The product suite also includes PacketGo Passport, a One Pass authentication technology for single sign-on (SSO) access, and Flow Insight, which helps administrators manage access policies.

PRIBIT Technology serves various clients and can deploy its solutions in diverse environments, including cloud, on-premise data centers, intranets, and SaaS setups. A notable use case is its collaboration with POSCO International, which reportedly led to a 70% reduction in unsecured access attempts and a 95% cost reduction. The company holds over 158 patents and trademark rights across multiple regions, including Korea, the U.S., and the EU. It has received numerous awards and certifications, including a CC certification (EAL2) in Korea and being designated an outstanding information protection technology by the Korea Internet & Security Agency (KISA). PRIBIT plans to evolve its business into a Managed Security Service Provider (MSSP) model and expand into 5G telecommunications and smart city infrastructures.

Keywords: Zero Trust, network security, application access control, software-defined perimeter, cybersecurity, secure data transmission, micro-segmentation, PacketGo, cloud security, remote access security, identity management, network visibility, access control policy, managed security service provider, communication security, network encryption

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