Park Chan-am, CEO of Stillian, stated, “We aim to make 2025 the ‘Year 1’ of a new era for Stillian and grow into a leading Korean security company in Asia.” At a press conference held to commemorate the company’s 10th anniversary at its headquarters in Yongsan-gu, Seoul, on the 3rd, Park expressed his ambition to use the solid foundation built over the past decade as a springboard for the next ten years.
Founded in February 2015 by five original members, including Park, who was 26 at the time, Stillian started while they were still pursuing their studies. The company now operates its headquarters in Korea, a branch in Indonesia, and a subsidiary in Japan, with about 100 employees and annual sales exceeding 10 billion won. Stillian engages in various security businesses, including mobile application security solution AppSuit, penetration testing, Red Team services, and confidential R&D.
Particularly, AppSuit plans to further solidify its presence by launching a Software as a Service (SaaS) version in the first half of this year. Emulating the U.S.’s ‘Lockheed Martin,’ Stillian aims to become a cyber-specialized defense company by recruiting personnel from intelligence agencies and the Ministry of Defense to expand its R&D business.
Stillian is making remarkable progress in the Indonesian market. They have enhanced local credibility by being registered on the Indonesia Cyber and Crypto Agency (BSSN) whitelist and obtaining cybersecurity service certification from the Ministry of Industry. The company collaborates on projects such as KOICA’s ODA project in Indonesia and the Korea-ASEAN international cooperative project ‘ASEAN Cyber Shield (ACS),’ generating synergy in the market.
These efforts manifest in numbers, with the Indonesian branch seeing a fivefold increase in sales last year and expanding its staff to 10. Moving forward, Stillian plans to establish a local technical support team to strengthen its solution’s Proof of Concept (PoC) and technical support capabilities.
Meanwhile, Stillian is also making strides in the Japanese market. Last year, the company established a branch in Tokyo and dispatched engineers from the Korean headquarters. With changes to Japan’s financial security guidelines expected to increase the demand for mobile app security, Stillian plans to expand its service offerings, including penetration testing, to increase customer engagement.
Lee Kwan-hoon, manager of the Japan Business Team, stated, “We are targeting the mobile app security solution market based on the establishment of the Japanese branch,” adding, “We are steadily building trust through participation in Japan’s largest IT exhibition and presentations to local security stakeholders.”
Last year, Stillian secured a significant number of noteworthy clients, including all global branches of Shinhan Bank, the integrated financial service MONIMO of the Samsung Group, and Kakao Mobility. It also provided security consulting services to companies like Samsung Electronics, LG Energy Solution, and SK Broadband.
CEO Park emphasized, “A security company that wavers cannot protect other companies,” and added, “While growing into a large company is important, we aim to become a cybersecurity firm with strong roots, both financially and operationally, that extends into the global market.”