- Olive Young becomes the first in the domestic health and beauty (H&B) industry to declare the open source international standard ‘ISO/IEC 5230:2020’ certification.
- Proves the security and transparency of its open source management system… Lays the foundation for securing reliability for its overseas services.
- “As the leading K-beauty platform, we will continue to advance our open source management system in accordance with global standards.”
CJ Olive Young (hereinafter “Olive Young”) announced on the 9th that it has declared the open source international standard ‘ISO/IEC 5230:2020’ certification, marking a first in the domestic health and beauty (H&B) industry.
‘ISO/IEC 5230:2020’ is the sole international standard that evaluates a company’s open source license compliance system and management capabilities. Open source refers to publicly available source code that anyone can use freely. While it offers the advantage of reducing development costs and time, its transparent nature can also expose security vulnerabilities, making it crucial to strictly adhere to relevant license regulations. Accordingly, the certification is awarded only to companies that meet the criteria through a comprehensive evaluation of their compliance capabilities, including open source software policies and processes, the expertise of dedicated organizations and personnel, and relevant training.
This certification is highly significant as it officially recognizes that the security and transparency of Olive Young’s open source management system—as the company leaps forward as a ‘global beauty-tech platform’—fully meet international standards. As Olive Young accelerates its global expansion, including the opening of its first offline store in the U.S. this coming May, this achievement is expected to serve as a pivotal momentum in enhancing the stability and reliability of its services overseas.
Olive Young has been meeting the criteria for this international standard by establishing a robust open source management system since 2023. The company designated a dedicated organization and personnel for open source verification and management, and formed an ‘Open Source Council’ to establish a systematic approach for identifying and managing potential risk factors. Furthermore, it implemented internal open source management regulations and a strict process that mandates open source verification during system development. It also currently operates an automated system for verifying open source licenses and inspecting security vulnerabilities.
An official from Olive Young stated, “This certification is an acknowledgment of Olive Young’s proactive efforts, including the nurturing of IT talent and the establishment of an internal management system.” The official added, “As the representative platform for K-beauty, we will continue to advance our open source management system in strict alignment with global standards.”
