Korea, US to Begin Joint Investment in and Research on Cyber Security in Late May

Threats of More intelligent worldwide cyber attacks of these days are strengthening cyber security alliance between Korea and the United States. 

According to the Korean Ministry of Science, ICT and Future Planning, the Korean government and the US government (Air Force Research Laboratory) will finalize the selection of a research consortium for the start of joint research on next generation fundamental cyber security technology by the end of this month. The Korean Ministry of Science, ICT and Future Planning is discussing cooperation with the US Department of Homeland Security and the US Air Force Research Laboratory. The Korean ministry said the US Army and the US Navy clarified their positions to support the joint research program by drawing up a concrete plan.

The US Air Force Research Laboratory which is rapidly cooperating with Korea will carry out a total of five tasks including next generation encryption, nano-scale security, and quantum-based security for satellite communications together with the Korean Ministry of Science, ICT and Future Planning. The two institutions will select the five final teams which will carry out the tasks through deliberation and evaluation and will provide 120 million won (US$108,000) to each team.


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Source: Business Korea.