Penta Security Named Frost & Sullivan’s 2025 Company of the Year for South Korea’s Web Application Firewall Industry
Flagship WAAP solution, WAPPLES, recognized for technological innovation, market leadership, and exceptional customer value.
Global cybersecurity leader Penta Security today announced it has been honored by the prestigious global research and consulting firm Frost & Sullivan. The company received the 2025 Company of the Year Award in the South Korea Web Application Firewall Industry for its intelligent Web Application and API Protection (WAAP) solution, WAPPLES.
Each year, Frost & Sullivan’s Company of the Year award recognizes the organization that demonstrates excellence in growth strategy, implementation, technological innovation, and customer value.
In its award analysis, Frost & Sullivan highlighted Penta Security’s market-defining performance, stating, “Penta Security has been selected for its exceptional performance in technological innovation, strategic execution, and customer value creation. With years of proven expertise, Penta Security’s flagship WAAP solution, WAPPLES, has established itself as the standard in Korea’s web security landscape, delivering outstanding proactive protection capabilities.”
WAPPLES is a market-leading solution that protects over 700,000 internet businesses and infrastructures across 171 countries. Its success spans the public, fintech, e-commerce, and cloud sectors.
“The success of WAPPLES reflects our relentless innovation to maintain market leadership while responding swiftly to customers’ evolving needs,” said Taejoon Jung, Director of the Planning Division at Penta Security. “This award validates the trust our customers place in us. Moving forward, we remain dedicated to advancing our R&D efforts to safeguard even more businesses across the globe.”
About Penta Security
Penta Security takes a holistic approach to cover all the bases for information security. The company has worked and is constantly working to ensure the safety of its customers behind the scenes through the wide range of IT-security offerings. As a result, with its headquarters in Korea, the company has expanded globally as a market share leader in the Asia-Pacific region.
As one of the first to make headway into information security in Korea, Penta Security has developed a wide range of fundamental technologies. Linking science, engineering, and management together to expand our technological capacity, we then make our critical decisions from a technological standpoint.
About Version 2 Limited
Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.
Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.