AUTOCRYPT, a leading automotive software solutions provider, announced that the company had been named in Frost & Sullivan’s “Frost Radar™ Report for Automotive Cybersecurity 2024,” placing third overall in indices for Innovation, and fourth in Growth.
A leading global consulting firm, Frost & Sullivan releases the Frost Radar to offer strong market research evaluating companies across Innovation & Growth in their respective industries. The 2024 report for Automotive Cybersecurity assessed over 20 global companies, and Autocrypt was the only company from the Asia-Pacific region to rank among the top seven performers.
Seokwoo Lee, Founder and CEO of Autocrypt, said regarding the report, “The recognition is a validation of our technological excellence in delivering innovative standards and regulatory compliant solutions. Our commitment to comprehensive cybersecurity for our OEM and Tier-1 customers drives us to support the industry’s shift to software-defined vehicles.”
Senior Industry Analyst at Frost & Sullivan, Dorothy Amy remarked, “With the increase in countries that mandate cybersecurity, manufacturers and suppliers will have to prove a strong foundation of cybersecurity before vehicles can go on the market. Autocrypt is emerging as a key company in ensuring compliance-ready, product-grade security for vehicles worldwide.”
The recognition from Frost & Sullivan highlighted AUTOCRYPT’s comprehensive suite of security solutions that covers the wide breadth of the transportation ecosystem, covering V2X, in-vehicle systems, to EV charging security. The company most recently announced that its offerings would extend to PQC-compliant solutions, preparing the automotive industry for a post-quantum future.
Learn more about Autocrypt’s security solutions at autocrypt.io.
