![]() The company secures the connected vehicle ecosystem using three fundamental technologies: authentication, encryption, and intrusion detection and protection. But as Kim explains, that’s just where AUTOCRYPT comes in. This includes AutoCrypt MOVE, our comprehensive mobility service suite, where we work with partners to develop and fully manage mobility services,” he adds.Īs connected mobility takes over cars around the world, the risk of cybersecurity becomes more and more real. “For AutoCrypt FMS, we cover fleet management, and the increasing usage of mobility services. We recently launched our Security Analyzer, an SBOM (Software Bill of Materials)-based software vulnerability analysis platform, and Security Fuzzer, which effectively detects software flaws with smart fuzzing.” “In our IVS product offering, we provide a wide range of tools and services to enhance in-vehicle systems security. For example, in AutoCrypt V2X, we have our Security Credential Management System (SCMS), a Public Key Infrastructure (PKI)-based authentication system with demonstrated tri-standard compatibility, interoperable in SCMS (Secure Console Management Switch) protocols across North America, Europe, and China,” says Kim. “Within these larger offerings are customisable subcomponents. These products cover different elements of the automotive and mobility ecosystem because connected and autonomous driving can’t be secure until all elements have been covered. Talking to Auto Futures, CEO, Daniel ES Kim, revealed his company is planning to open up Series C later this year.ĪUTOCRYPT’s core offerings are AutoCrypt V2X, AutoCrypt IVS, AutoCrypt PnC, and AutoCrypt FMS. The Seoul-based company has also announced that it has raised a $25.5 million Series B round, giving it a valuation of $120 million. South Korean secure mobility and V2X communications company, AUTOCRYPT, has been focusing on the need for secure vehicle connectivity for nearly two decades.Įstablished in 2019, it is a spin-off from parent company Penta Security Systems, a leading cybersecurity firm in South Korea. Cars and road infrastructure are becoming much more sophisticated and connected, and this is a risk that needs to be secured before vehicles hit the road.
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