It can be said that the private security system of Korea originated in the 1960's with the two private security companies of Hwa Young Enterprise asn Kyung Won Enterprise who started a security service in the 8th U.S Army ig Korea according to the Military Goods and Services Act with Military Service Contractor's Registration Certificate which was issued by the Minister of Commerce an Industry.
However, the private secukty serives for genuine Korean facilites other than foreign military facilities started in 1962 when an official security service contract was made with KOSCO.
Therefore, the private security of the 1960's which can be considered the embryonic period of Korean private security can find its foundation from the U.S Army in Korea's private security business.