Security corporations Sparrow said on the 26th that it has signed back-to-back supply contracts for application security testing solutions in the Middle East, China, and Southeast Asia. Sparrow plans to accelerate its push into overseas markets by consecutively winning customers across a range of industries, including finance, Internet of Things (IoT) manufacturing, and the public sector.
Sparrow entered the Middle East financial security market by supplying its integrated application security testing solution "Sparrow Enterprise" to a major bank based in the United Arab Emirates (UAE) earlier this month. In the Middle East financial market, aligning with digital transformation, a core task is emerging: in addition to analyzing application vulnerabilities, ensuring security across the entire supply chain from software development to operations.
In manufacturing, a global IoT corporations headquartered in China adopted the source-code security weakness analysis tool "Sparrow SAST" last month. Early in the year, a Malaysian public institution was also secured as a customer. To meet the local government's cybersecurity standards, the institution decided to use the SaaS (software as a service) application security vulnerability analysis solution "Sparrow Cloud."
Chief Executive Jang Il-su of Sparrow said, "We will use the gains achieved in each region as a springboard to keep strengthening Sparrow's position in the global market."