AUTOCRYPT partners with University of Windsor’s SHIELD Automotive Cybersecurity Centre of Excellence

TORONTO, ONTARIO – Electric vehicle and autonomous vehicle cybersecurity provider AUTOCRYPT announced that the company had officially partnered with the SHIELD Automotive Cybersecurity Centre of Excellence, hosted by the University of Windsor, to prioritize research and development in securing connected and autonomous vehicles.

As automotive technology evolves to become more autonomous and electrified, threats to the technology have seen exponential increase. Awareness of the threats, however, is limited as futuristic technology can be sensationalized. AUTOCRYPT is a leading automotive security provider, focused on not only raising awareness of the need to prioritize security, but also providing award-winning, comprehensive security solutions to mitigate those risks.

AUTOCRYPT has thus far secured over 5000 kilometres of smart highways and roadways throughout the peninsula, winning C-ITS contracts for the entire nation. Its security operations center (SOC) provides complete security coverage of the internal vehicle system and V2X communications, the core technology allowing for seamless autonomous driving. By actively detecting and preventing unwanted access, AUTOCRYPT offerings ensure a secure vehicular environment for electric, connected, and autonomous vehicles.

Credit: SHIELD Automotive Cybersecurity Centre of Excellence

SHIELD focuses on research and innovation of automotive cybersecurity technology as well as education and training for students and corporations in order to raise awareness for the need to prioritize cybersecurity preparedness. “The goals of SHIELD and AUTOCRYPT align together exceptionally well,” said AUTOCRYPT’s Director of Business Development, Sean HJ Cho. He continued, “This partnership will allow us to work more closely with the connected and autonomous vehicle security landscape in Canada, as the country advances in cutting-edge technologies for electric, connected, and autonomous vehicles and begins to implement necessary changes following the UNECE’s WP.29 regulations. Our existing technology and real-world use cases will allow us to contribute to the shift that needs to take place in the minds of both corporations and consumers: that security should not be taken for granted, and vehicles and mobility infrastructure need to be secured before drivers hit the road.”

The partnership with SHIELD follows AUTOCRYPT’s recent expansion into the North America region with the opening of its first North American office in Toronto. The company most recently raised M USD in its Series A funding. For more information regarding AUTOCRYPT offerings or partnerships, contact global@autocrypt.io.

AUTOCRYPT Teams Up with Foxconn’s MIH Alliance as Security Partner

SEOUL, KOREA – Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT announced that the company had officially joined the MIH Alliance, an open platform for electric vehicles (EVs) established by Foxconn Technology Group.

The growing numbers of EVs on the market as well as EV software/hardware in development point to a need for corporations to work together in order to expedite technological advances. This led Foxconn to establish the MIH Alliance in October 2020, promoting real-time research and development as well as prioritizing vehicular security and safety. Especially with the recent implementation of WP.29 regulations requiring cybersecurity type approval in all new vehicles by July 2022, AUTOCRYPT’s security solutions and its team of experienced cybersecurity specialists allow for a comprehensive, holistic approach to secure EVs as well as connected and autonomous vehicles (CAVs) through its in-vehicle security technology and security operations center (SOC).

President of AUTOCRYPT North America, Sean HJ Cho stated, “We look forward to actively participating in the alliance as a security partner. While the technological advances in the automotive industry are astounding, security is often an afterthought. AUTOCRYPT’s contributions to the alliance can bring to light the need for security to be first, ensuring that drivers and passengers of EVs and CAVs can be assured that their vehicle, surrounding infrastructure, and data are not at risk.”

AUTOCRYPT’s in-vehicle security solution has been optimized for automotive communication protocols, and through its Intrusion Detection System (IDS), provides security modules to guarantee secure communications between the many ECUs in a connected vehicle and the CAN bus. The SOC functions as a round-the-clock monitor with real-time collection and detection logs, identification based on machine-learning, as well as policy and OTA updates. The solution ensures a safe and secure vehicular environment, blocking all abnormal activity. Ideal for OEMs, Tier-1 suppliers, as well as mobility-based service providers, AUTOCRYPT’s offerings span the entire automotive lifecycle.

V2X Security Provider AUTOCRYPT Closes Series A Funding Round with 15M USD, Opens North American Office

TORONTO, CANADA — AUTOCRYPT Co., Ltd., a leading autonomous driving security solutions provider, raised nearly 13 million in a Series A funding round, bringing the total to 15M raised in 2020. Backers included major Korean investors KB Investment, Pathfinder H, Ulmus Investment, Korea Asset, Hyundai Venture Investment Corp., and IBK.

Led by CEO and co-Founder, Daniel ES Kim, AUTOCRYPT has garnered the attention of the automotive industry, providing end-to-end vehicle security for connected and autonomous vehicles and surrounding infrastructure. The company currently secures all smart roadways and highways in South Korea, totaling over 5000 kilometers. Kim stated that with the funding, “AUTOCRYPT plans not only on enhancing V2X security technology but also in expanding security operations into more Intelligent Transportation Systems (ITS) projects.” He continued, “We are confident that this investment validates the quality of what we have developed and will allow us to continue prioritizing security in connected and autonomous vehicles.”

Due to a rising demand in autonomous and electric vehicle security technology, AUTOCRYPT also announced the opening of its North American office, located in Toronto, Canada. The new branch will allow for AUTOCRYPT’s V2X and Plug&Charge security solutions to be more widely accessible to testbeds, OEMs, Tier-1 suppliers, and automotive software or service providers located in North America. The company is currently in talks with potential partners in the region and plans to begin active business operations in Q2. With its offices now in South Korea, China, Japan and Canada, AUTOCRYPT is also planning to expand into the United States and Europe in 2021.

For more information, contact global@autocrypt.io


Update (January 5, 2022): After closing the $15-million Series A funding round in late 2020, AUTOCRYPT has since opened offices in the United States and Germany. It recently opened its Series B financing round, opening up opportunities to investors worldwide.

AUTOCRYPT Launches C-V2X Solution Demonstrating Interoperability with China C-SCMS Standards

SEOUL, KOREA — AUTOCRYPT Co., Ltd., a leading V2X security solutions provider, announced the launch of its new C-V2X solution, supporting Chinese Secure Credential Management System (C-SCMS) standards. AUTOCRYPT received verification tests for compatibility by the C-V2X working group at China Academy of Information and Communications Technology (CAICT), under the new International Mobile Telecommunications-2020 (IMT-2020(5G)) Standard for 5G networks, devices, and services.

China currently leads the world in usage of LTE communications and currently has the third best-selling automotive brand in the market. The nation has set itself on a progressive path in the automotive industry by standardizing the LTE-V2X communications system throughout the entire country, making it mandatory to implement LTE-based C-V2X technology rather than Dedicated Short-Range Communications, or DSRC, into C-ITS projects. China has promoted active deployment of the technology and has already begun C-V2X technology demonstrations in 30 regions. Wuxi, Tianjin and Changsha cities have been designated as the first main cities in the country to become C-V2X commercialization areas, undergoing major developments.

Last month, AUTOCRYPT’s solution was verified for interoperability by the China Industry Innovation Alliance for Intelligent and Connected Vehicles (CAICV), undergoing testing for “four-layers” interoperability between OEM, OBU terminal, V2X communication module, and PKI to comply with C-SCMS standards.

Overseas solutions providers often face challenges in entering market as China’s regulations for C-SCMS differ from existing standards. Unlike the existing SCMS structure, China’s SCMS (C-SCMS) standards utilize a Certificate Trust List (CTL) which configures trust relationships between several PKI (Multiple Root CA) systems. Additionally, C-SCMS allows the download of a security certificate without a registration certificate, further requiring stability measures to be implemented into the protocol.

AUTOCRYPT’s C-V2X security solution has met the challenge to demonstrate compliance, verifying the new solution’s C-SCMS technical standards, making AUTOCRYPT’s security solutions ready for implementation into the country’s Cooperative Intelligent Transport Systems (C-ITS) projects.

CEO and co-Founder Daniel ES Kim remarked, “When it comes to autonomous vehicles and their secure operation, it is essential to ensure compliance with the standards set by the governing parties.” He continued, “AUTOCRYPT currently leads the field in terms of C-ITS security projects, and with this interoperability verification, we are confident that our C-V2X based autonomous driving security solutions will continue to contribute to C-ITS deployment and development in China.”

AUTOCRYPT Named Automotive Cybersecurity Company of the Year in 2020 AutoTech Breakthrough Awards

AUTOCRYPT, a global leader in autonomous vehicle security solutions, announced today that the company has been named “Automotive Cybersecurity Company of the Year” in the inaugural AutoTech Breakthrough Awards program conducted by the Tech Breakthrough organization, a leading market intelligence and recognition platform for the most innovative technology companies in the world. The awards aim to recognize breakthrough technology companies, services, and products in the global automotive and transportation industry, one that is quickly growing amidst the developments of autonomous driving and 5G.

“AUTOCRYPT has committed to securing the future of autonomous driving and smart mobility. Our expertise in V2X security technology has allowed us to secure over 5000 kilometers of smart roads, gaining recognition from the automotive industry. It is, therefore, with great pleasure we accept this award from Tech Breakthrough in this inaugural program,” said Daniel ES Kim, CEO of AUTOCRYPT. “As technology develops, the risks involved increase and security should be nonnegotiable. We hope that as Automotive Cybersecurity Company of the Year we can continue to innovate and encourage the automotive industry in putting security first.”

This year’s inaugural program attracted more than 1,250 nominations from over 12 different countries throughout the world. “AUTOCRYPT is trusted by many of the major automotive and technology players in the global autonomous vehicle industry, helping drive the world towards a safe and secure future of autonomous mobility,” said Bryan Vaughn, Managing Director, AutoTech Breakthrough Awards. “We are proud to award AUTOCRYPT with one of our marquee awards in the AutoTech Breakthrough Awards program, the Automotive Cybersecurity Company of the Year designation, honoring the Company’s focus on innovation and the delivery of comprehensive solutions to protect the safety of drivers and pedestrians.”

Working with government and public institutions, the company has secured all smart roads in South Korea and is currently expanding business into China with its C-SCMS compliant technology. Offering decades of experience along with the most C-ITS security infrastructure in the world, AUTOCRYPT provides customizable solutions that leave no part of the autonomous vehicle ecosystem behind.

AUTOCRYPT is the leading player in transportation security technologies. Beginning in 2007 as an in-house venture at Penta Security Systems Inc., AUTOCRYPT spun off as a separate entity in 2019 as its presence expanded worldwide. Recognized by TU-Automotive as the Best Auto Cybersecurity Product/Solution of 2019, AUTOCRYPT continues to pave the way in transportation and mobility security through a multi-layered, holistic approach. Through security solutions for V2X/C-V2X, V2G (including PnC security), in-vehicle security, and Fleet Management, AUTOCRYPT ensures that security is prioritized before vehicles hit the road.

AutoTech Breakthrough, part of Tech Breakthrough, is a leading market intelligence and recognition platform for global technology innovation and leadership, honoring excellence in automotive technologies, services, companies and products. The AutoTech Breakthrough Awards program provides a forum for public recognition around the achievements of AutoTech companies and solutions in categories including Connected Car, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech, Vehicle Telematics and more. For more information visit AutoTechBreakthrough.com

AUTOCRYPT Selected as Recipient of apmaIAC Global Cyber Achievement Award

SEOUL, South Korea: AUTOCRYPT Co., Ltd., a leading autonomous vehicle security solutions provider, was announced as the recipient of the Global Cyber Achievement Award by Canada’s Automotive Parts Manufacturers’ Association’s Institute for Automotive Cybersecurity, hereafter “apmaIAC.”

apmaiac award site winner autocrypt
Credit: apmaIAC awards homepage
“Daniel Eui-Seok Kim founded AUTOCRYPT in 2019 with the goal of securing not only the connected vehicles on the road in the present age, but also future autonomous vehicles and the technology that will enable smart mobility for society.”

As part of Cybersecurity Awareness Month, apmaIAC organized Canada’s first ever cybersecurity awards to enhance awareness of cybersecurity, specifically in the mobility sector, including supply chain and V2X technologies.The Cyber Mobility Awards honors achievements in the field of automotive cybersecurity, which enable the organization’s four pillars of Governance, Assets, Education, and Technology. AUTOCRYPT was selected as winner of the Global Cyber Achievement Award through its accomplishments in the automotive sector.

Regarding the award, CEO and co-Founder Daniel ES Kim remarked, “We are honored to be selected by apmaIAC for this award. We have always believed that securing the vehicle as well as the connections that surround the autonomous vehicle landscape is of utmost importance in the implementation of smart mobility architecture, and being acknowledged for this work is tremendous. We look forward to our partnerships for the future of Canada’s smart mobility and Intelligent Transport Systems (ITS) projects.”

AUTOCRYPT plans to open its North American subsidiary and consequently its first Canadian office in mid-2021. The location will focus on bringing more of its security-centric mobility offerings to North American OEMs and Tier-1 suppliers.