Everspin Headquarters. /Courtesy of Everspin

Everspin announced on the 26th that it will supply its web security solution, 'Eversafe Web,' to HANWHA GENERAL INSURANCE's customer web service.

According to Everspin, Eversafe Web utilizes dynamic encryption technology (Eversafe MTD), which holds 33 patents worldwide, to frequently change its program security module.

Eversafe Web is currently being provided mainly to the financial sector. Major domestic financial institutions such as ▲NH Nonghyup Bank ▲SBI Savings Bank ▲Samsung Card ▲Woori Card ▲Korean Investment & Securities ▲KB Securities ▲Kiwoom Securities ▲Meritz Securities ▲Korea Federation of Savings Banks have adopted and are operating Eversafe Web.