**40 Billion KRW Project… 2.8 Billion KRW Allocated This Year to Support Corporate Security Systems**
**Development, Supply, and Operation Management… Addressing Supply Chain Attacks and Preparing for Global Regulations**
(Seoul = News1) Reporter Kim Min-su – The government is launching a support project to enhance software (SW) supply chain security.
The Ministry of Science and ICT announced on the 17th that it would implement the “Supply Chain Security Model Support Project” in collaboration with the Korea Internet & Security Agency (KISA).
As digital transformation spreads, SW is being utilized across various industries such as manufacturing, transportation, and healthcare, leading to more complex supply chain structures and increasing the risk of cyber-attacks targeting these chains. Supply chain attacks, in particular, can cause significant damage to multiple companies and users with a single breach, making their impact greater than traditional attacks.
Key countries like the United States and the European Union (EU) are tightening supply chain security regulations, including requirements for managing Software Bill of Materials (SBOM). Failure to respond to these regulations could hinder domestic companies’ overseas expansion.
The government is advancing the project with a total budget of 4 billion KRW, and this year, 2.8 billion KRW will be invested to support companies developing, supplying, and operating digital products and services in establishing supply chain security management systems. Support will cover the entire process, from establishing a system to manage the components and dependencies of software to threat monitoring and response.
Among the eight tasks this year, two tasks require a mandatory consortium involving operating companies following the development and supply companies. The focus will be on identifying new supply chain security management models that advance to threat monitoring and response stages, thus distinguishing it from last year’s efforts.
Companies and institutions wishing to participate in the project can apply through the KISA website between March 10 and April 9, with an information session scheduled for the 18th of this month.
Lim Jeong-gyu, Director of Information Security Network Policy at the Ministry of Science and ICT, stated, “As the SW supply chain becomes more complex, and with the surge in cyber threats targeting it and the strengthening of global regulations, enhancing supply chain security is not optional but essential for companies. Through this support project, we will strive to enhance the supply chain security capabilities of domestic companies.”
**Glossary**
**■ Software Bill of Materials (SBOM):**
A list detailing all the components, such as code and libraries, that make up software and their interdependencies, serving as a management document to quickly understand the impact scope in case of security vulnerabilities.