ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Line adds 'white-hat' hackers with South Korean acquisition

Chat app operator bolsters data protection as it forays into financing

Line is branching into new areas of business using its popular messaging app.   © Reuters

TOKYO -- Messaging app operator Line has acquired South Korean cybersecurity consultancy GrayHash, moving to beef up data protection as it expands its financial and artificial intelligence operations.

The value of the transaction, done through a subsidiary, has not been disclosed. The consultancy, which has been renamed GrayLab after the purchase, has a large pool of so-called "white hat hackers," or engineers who fight cybercrimes. It offers a service to identify system vulnerabilities and take preventive measures for large companies in and outside South Korea.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more