AhnLab suffered many challenges even before the establishment, but now proudly celebrates its 10 year anniversary. A company has a 5-year survival rate of 10% so the 10-year survival rate is merely 1%. Considering that the survival rate of a venture company is less than one-tenth of that of a general company, AhnLab has withstood the probability of less than 0.1%. I believe that the key to the survival and the development of AhnLab was due to not only the efforts of all of us, but also the help of others who were with us through the good and bad. I would like to take this opportunity to express my sincere thanks to all of you.
When I started thinking about my own business ten years ago, I thought a lot about the meaning of a business. Being a doctor and a programmer back then, I was comfortable in my own profession but was completely oblivious to the world of business and management. So, understanding the definition of a business was important to me as I am a person who works for a reason, a value that my heart calls for. The most basic function of a company is to be a location where involved members spend time and discover themselves. But this alone is not much different from being a freelancer. After arranging my thoughts, I came to a personal conclusion that the true meaning of working in a company or an organization is the ability to do valuable work together that cannot be accomplished individually.
However, I also questioned the universally acknowledged notion that the purpose of a company is to generate profit. But if we apply the backward reasoning, in order for a company to generate profit, it needs to create a product or service whose value can be recognized by its customers, and then sell it. Then, the key goal lies in the accomplishing a result, not profit. We witness problems in our society that arise from companies with the sole goal to generate profit regardless of the means. And perhaps the conflicts of human history are caused by the confusion of what should be the purpose and what should be the result. This is why I believe in the idea that a company’s profit is harvests from the results –in line with the wisdom to stay true and keep persistent for the result to follow.
This malware is constantly being distributed to users in Korea. Upon analyzing the detection log, AhnLab ASEC team discovered that njRAT is mostly distributed via Webhard and torrent websites, disguised as ordinary file such as video games, authentication tools, and utilities. Headquartered in South-Korea, AhnLab Inc. (KRX:053800) develops industry-leading security solutions and provides professional services that are designed to secure and protect critical business. 220, Pangyoyeok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea. Tel +82 31 722 8000. Fax +82 31 722 8000. Google Map Email Inquiries. The company was founded by Charles Ahn on March 15, 1995 and is headquartered in Seongnam-si, South Korea. For Small Business Owners. V3 Home is the right one for small businesses in any industry such as a coffee shop or an office. V3 Home enables you to easily check the security level of network in your business area and block any malicious access from anywhere in the world.
Ahnlab South Korea
The office of Optimus Asset Management is shown in Seoul. (Yonhap) |
The list of investors for fraudulent hedge funds operated by South Korea’s Optimus Asset Management included leading food company Ottogi, which invested 15 billion won, and Kosdaq-listed antivirus software firm AhnLab, which invested 7 billion won, according to the local Korean Economic Daily.
The unlisted Hanwha General Chemical, Hanwha Group’s chemicals unit, made the biggest investment in the hedge fund of 50 billion won. The company, however, saw no loss in the investment, as it redeemed all the capital in September last year, an official said.
Convenience store chain BGF Retail also put in 10 billion won, while LS Electric and game company Nexon invested 5 billion won and 3 billion won, respectively.
The list also included JYP Entertainment and LS Electric affiliate LS Metal, respectively investing 4 billion won and 5 billion won, with each losing some 30 percent of their investment.
HDC and Hanil Cement also put billions of won into the funds, it added.
Besides local firms, private universities such as Sungkyunkwan University, Hannam University and Konkuk University each invested some 4 billion won. Public institutions such as the Korea Racing Authority, Korea Communications Agency and Korea Rural Community Corp. also made large investments into the fraudulent funds.
Meanwhile, Optimus Asset sold over 1.5 trillion won of their funds to over 3,000 retail investors and companies through large brokerages and banks for three years, from June 2017 to May this year.
By Jie Ye-eun (yeeun@heraldcorp.com)