Cloudbric (CLBK) claims to be one of the first security providers in Korea to offer a fully cloud-based WAF (web application firewall). WAF secures web applications to filter and monitor HTTP traffic between the app and the internet. Also, it uses a deep-learning AI (artificial intelligence) module for the security policies updating process. The platform claims to offer its services around the globe. Along with that, it also provides for almost everything—from enterprise web servers to IoT (Internet of Things) and endpoint devices. IoT is a network of interconnected devices that enables communication.

The platform provides various solutions such as web security, which is handled using WAF to respond to high-risk attacks over the web. Another solution provided by the asset is DDos Security. DDoS (distributed denial-of-service) attack destroys the normal traffic of a web application by increasing the target. Cloudbric uses ADDoS’s 65 Tbps network to terminate all kinds of DDoS attacks in no time. It aims to eliminate false positives using special fingerprint technology. Cloubric also provides blockchain security services and actively defends cryptocurrency exchanges, websites, and wallets.

Along with this, a profound learning engine named VISION is designed to be used in various security protocols. Not just cybersecurity systems, but a distributed security environment, consisting of a customer safety incentive program and Advanced Threat, a method for gathering other threat detection, is founded on VISION.

CLBK is the native token of the platform. KLAY, also called Klaytn, a public blockchain, and CLBKs are awarded when checking cryptographic protocol applications. Users can receive the numbers of different gift certificates from KLAYs and CLBKs.

Cloudbric initiated its journey in 2015 as an in-house endeavor at Penta Security Systems. After its official launch on September 8, 2017 as a web application firewall (WAF), the platform has evolved into a Security-as-a-Service (SECaaS) business model. Taejoon Jung is the CEO of Cloudbric.