Mobility Cybersecurity Firm AUTOCRYPT Selected as Winner of 2022 Red Herring Top 100 Global

SEOUL, KOREA, Nov. 8, 2022 — AUTOCRYPT, an industry leader and pioneer in automotive cybersecurity and connected mobility solutions, announced that it has been chosen as a winner in the 2022 Red Herring Top 100 Global awards program. The company has been recognized for its innovation and competence in securing connected mobility, as well as its contribution to Cooperative Intelligent Transport Systems (C-ITS) and autonomous driving.

The Red Herring Top 100 Global list recognizes outstanding startups and private enterprises from North America, Europe, and Asia, with an emphasis on transformative technologies. Red Herring editors were among the first to recognize the potentials of companies like Facebook, Twitter, Google, Yahoo, Skype, Salesforce, YouTube, and eBay.

AUTOCRYPT was established in 2019 after spinning off from South Korean cybersecurity powerhouse Penta Security, where it began as a connected car cybersecurity solution in 2007. Throughout nearly two decades of R&D in mobility-oriented encryption, PKI, and intrusion detection technologies, AUTOCRYPT has grown to become one of the world’s top five providers in securing V2X communications, embedded vehicle systems, and Plug&Charge applications for EV charging.1

Daniel ES Kim, CEO of AUTOCRYPT, commented, “It’s an honor to be recognized as one of the top 100 innovative startups in the world. We believe that bringing secure connections to the mobility ecosystem will substantially enhance road safety, traffic efficiency, and environmental sustainability.”

Three years since its establishment, AUTOCRYPT has grown from a small team of 20 to a mid-size company of nearly 300 employees. It has so far received a cumulative investment of over $40 million, sitting at a current valuation of above $120 million.

“After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 winners,” said Alex Vieux, CEO and Publisher of Red Herring. “We believe AUTOCRYPT embodies the vision, drive, and innovation that define a successful entrepreneurial venture. AUTOCRYPT should be proud of its accomplishment as the competition was very strong.”

AUTOCRYPT’s competence and potential have been acknowledged time after time by market watchers and venture capitalists. In 2021, AUTOCRYPT was listed by Forbes Asia on its “100 to Watch” list.

For more information regarding AUTOCRYPT’s mobility cybersecurity solutions and offerings, contact global@autocrypt.io.


1 MarketsandMarkets. “V2X Cybersecurity Market – Global Forecast to 2025”.

Inclusive Mobility Services Solution AutoCrypt EQ Wins “Ride Hailing Innovation of the Year” at 2022 AutoTech Breakthrough Awards

SEOUL, KOREA, Oct. 17, 2022 — AUTOCRYPT, a world-leading provider of cutting-edge automotive cybersecurity and mobility solutions, draws industry recognition for its inclusive mobility services solution – AutoCrypt EQ – as it was announced as “Ride Hailing Innovation of the Year” at the 2022 AutoTech Breakthrough Awards, held by AutoTech Breakthrough, a leading independent market intelligence organization specializing in the automotive tech industry. In both 2020 and 2021, AUTOCRYPT was AutoTech Breakthrough’s choice for “Automotive Cybersecurity Company of the Year”.

AutoCrypt EQ is a comprehensive mobility service offerings suite dedicated to building inclusive and barrier-free service platforms for partners and clients. By offering a complete package that covers service planning, fleet management integration, UI design and branding, along with application development, AutoCrypt EQ brings a fully managed service to mobility operators who wish to serve those with mobility challenges and accessibility needs.

AUTOCRYPT has thus far developed many popular accessible mobility platforms in Korea—including a barrier-free DRT service, an accessibility mapping app, and a voucher taxi for new parents—through partnerships with local governments, businesses, and hospitals. The latest recognition signifies the success of these projects and progress for global expansion.

Daniel ES Kim, CEO of AUTOCRYPT, commented, “We are overjoyed to be recognized by AutoTech Breakthrough for our tremendous efforts in developing inclusive mobility services. We have always envisioned universal mobility and will continue to invest our resources into making that a reality.” On future plans for AutoCrypt EQ, he added, “We are currently discussing opportunities with NGOs and healthcare providers in North America and Europe to expand AutoCrypt EQ’s global coverage.”

“It isn’t easy to serve such a niche demographic, as it requires a lot of extra planning and development, without being able to charge a premium,” said Bryan Vaughn, Managing Director of AutoTech Breakthrough Awards. “AUTOCRYPT has made it both achievable and financially sustainable through its secure fleet management technology. Its needs-focused service and accessibility features truly set them apart and make them our pick for the ‘Ride Hailing Innovation of The Year’ award.”

In June, AutoCrypt EQ was also selected as one of the only two finalists for “Mobility Service Provider of the Year” at the 2022 Informa Tech Automotive Awards, one of the industry’s most prestigious awards. In addition to building mobility service platforms, AUTOCRYPT also prioritizes making roads more inclusive through offering pedestrian safety solutions that enable vulnerable road users (VRU) to join in the V2X ecosystem using their mobile devices, enabling a truly safe autonomous mobility experience through vehicle-infrastructure and vehicle-device cooperation.

For more information regarding AUTOCRYPT’s mobility offerings, contact global@autocrypt.io.

AutoCrypt IVS Named “Automotive Cybersecurity Solution of the Year” in 2022 CyberSecurity Breakthrough Awards

SEOUL, KOREA, October 7, 2022 — Automotive cybersecurity and mobility solutions provider AUTOCRYPT announced today that its in-vehicle systems security solution – AutoCrypt IVS – has been named winner of the “Automotive Cybersecurity Solution of the Year” award in the sixth annual CyberSecurity Breakthrough Awards program, conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes top companies, technologies, and products in the global information security market.

AutoCrypt IVS is an end-to-end solution that protects the embedded systems of automobiles from cybersecurity threats, starting from Threat Assessment and Remediation Analysis (TARA) and vulnerability testing at the development stage, all the way to intrusion detection and prevention throughout the consumption stage. Not only does AUTOCRYPT secure vehicles at all stages of the lifecycle, but also provides real-time monitoring features to ensure that OEMs comply with UNECE WP.29 regulations (UN R155/R156).

“We are incredibly grateful for this recognition from CyberSecurity Breakthrough. As we have always emphasized, modern vehicles are largely defined by software, which makes it crucial to ensure that a vehicle is both free of vulnerabilities prior to production and well protected from cyberattacks during consumption,” said Daniel ES Kim, CEO of AUTOCRYPT. “We understand the difficulties OEMs are facing with growingly sophisticated in-vehicle systems and tightened cybersecurity regulations. Over the past decade, AUTOCRYPT has sought to fill this gap by helping OEMs assess, deploy, and manage the cybersecurity of their in-vehicle systems.”

“In the automotive cybersecurity market, the fewer parties that are involved throughout the vehicle lifecycle, the easier it becomes for the OEM to streamline the cybersecurity process and minimize errors,” said James Johnson, Managing Director of CyberSecurity Breakthrough. “AutoCrypt IVS is the only in-vehicle systems security solution that covers TARA, security testing, and threat mitigation. This meaningful breakthrough is why we chose AutoCrypt IVS for ‘Automotive Cybersecurity Solution of the Year.’”

Besides AutoCrypt IVS, AUTOCRYPT offers a wide range of solutions from V2X security, secure fleet management, Plug&Charge (PnC) security for EVs, and mobility service planning and development.

For more information regarding AUTOCRYPT’s vehicular security and mobility offerings, contact global@autocrypt.io.

AUTOCRYPT Named “Automotive Cybersecurity Company of the Year” for Second Year in a Row in 2021 AutoTech Breakthrough Awards

SAN FRANCISCO, Oct. 20, 2021 — Leading EV and autonomous vehicle cybersecurity provider AUTOCRYPT, announced today that for the second year running, it has been named “Automotive Cybersecurity Company of the Year” in the 2021 AutoTech Breakthrough Awards, making it the only company to have won this title to date. Run by the Tech Breakthrough group, AutoTech Breakthrough is a leading market intelligence organization that recognizes the top companies, technologies, and products in the global automotive and transportation technology markets today.

autotech breakthrough awards autocrypt 2021

AUTOCRYPT is the only automotive cybersecurity provider in the world that offers a complete security package for the entire mobility ecosystem. From securing in-vehicle systems and V2X communications to EV charging and fleet management, AUTOCRYPT provides a custom-built end-to-end solution for each client looking to integrate cybersecurity with functional safety, eliminating the complexity of searching for different providers. With branches and subsidiaries in Asia, North America, and Europe, AUTOCRYPT works closely with its clients based on regional needs. 

“We are thrilled to be recognized by AutoTech Breakthrough for this award again this year. This back-to-back recognition is a strong indication that we have done things right, yet also encourages us to continue refining our products and solutions to exceed customer expectations,” said Daniel ES Kim, AUTOCRYPT’s Co-Founder and CEO. “With the industry’s most capable R&D professionals holding decades of experience in IT and vehicular cybersecurity prior to our spinoff, we truly understand the challenges of OEMs and infrastructure developers and aim to tackle them at the individual level.”

This year’s AutoTech Breakthrough Awards program attracted more than 1,400 nominations from over 15 different countries across the globe, with categories including Connected Car, Electric Vehicles, Engine Tech, Automotive Cybersecurity, Sensor Technology, Traffic Tech, and many more. 

“As Plug&Charge (PnC) rolls out for EVs, simply plugging the car into the charging station involves the exchange of payment, driver, and vehicle information, making cybersecurity essential. AUTOCRYPT’s dedication to cybersecurity has allowed it to not only overcome today’s challenges but to shape the future of mobility with all industry partners by breaking through technical and regulatory barriers,” said Bryan Vaughn, Managing Director of AutoTech Breakthrough Awards. “Congratulations to AUTOCRYPT, once again this year, for being our choice for ‘Automotive Cybersecurity Company of the Year.'”

Having opened its German office in Munich earlier this year, AUTOCRYPT is now working closely with European OEMs on in-vehicle and V2X security solutions. To find out more about AUTOCRYPT’s comprehensive mobility security solutions, contact global@autocrypt.io

AUTOCRYPT Shortlisted for 2021 Informa Tech Automotive Awards as “Automotive Cybersecurity Product of the Year” for V2X Security Solution

DETROIT, MICHIGAN, Oct. 6, 2021 — AUTOCRYPT Co., Ltd., an industry-leading automotive and mobility cybersecurity company, announced today that its V2X security solution—AutoCrypt V2X—has been shortlisted for the title of “Automotive Cybersecurity Product of the Year” at the 2021 Informa Tech Automotive Awards. Formerly known as the TU-Automotive Awards, these are the most prestigious and anticipated awards throughout the automotive industry, celebrating the best products and services across automotive technology.

AutoCrypt V2X is a complete cybersecurity solution for V2X (vehicle-to-everything) communication, the foundational technology for autonomous driving and Intelligent Transport Systems (ITS), supporting the regional standards of North America, the EU, as well as China and Asia-Pacific. Recognized as one of the top five global market leaders in the V2X security market by Markets and Markets, AUTOCRYPT’s V2X security solution boasts high performance and low computation load, capable of processing 2,500 verifications per core per second, twice the industry standard.

“Automotive Cybersecurity Product of the Year” is a title that will be given to one outstanding cybersecurity technology product or service with active users during the year of 2020. AUTOCRYPT’s nomination for the title reflects AutoCrypt V2X’s market success, demonstrated by outstanding product performance, experienced consultations, and profound expertise from being the sole V2X security provider for South Korean C-ITS projects.

“We are thrilled to have been shortlisted for this prestigious award,” said Daniel ES Kim, AUTOCRYPT’s Co-Founder and CEO. “Our industry-leading authentication and key management technologies have allowed us to build the most robust V2X security solution in the market. We look forward to paving the path towards autonomous driving by helping OEMs overcome the limitations of sensors and providing smart road infrastructure for governments and city planners.”

The final winners of the awards will be announced during the 2021 Automotive Tech Week held at Novi, Michigan between November 15 and 19, 2021. AUTOCRYPT will be exhibiting at the event, where the company’s Chief Strategy Officer, Jaeson Yoo, will give a track presentation on the topic “Breaking Through the Barrier: Secure Fleet Management for Inclusive Transport” at 11:45 am on Wednesday, November 17 (EST).

This is the third year in a row in which AUTOCRYPT has been recognized by the awards program. AUTOCRYPT previously won the “Best Auto Cybersecurity Product/Service” title in 2019, and later was selected as a finalist for “Automotive Tech Company of the Year” in 2020.

AUTOCRYPT highlighted in Forbes Asia Inaugural 100 to Watch List

Leading autonomous vehicle cybersecurity provider AUTOCRYPT announced that it was spotlighted in Forbes Asia’s inaugural 100 to Watch list. The newly announced list highlights notable companies and startups on the rise in the Asia-Pacific region. AUTOCRYPT was featured as the sole cybersecurity provider on the list.

As the number of connected and autonomous vehicles (CAVs) on the road increase, it is becoming more apparent that cybersecurity will be the key to wider, safer adoption of this new technology. AUTOCRYPT’s solutions cover the entire connected car ecosystem by securing not only the vehicle itself, but charge points and networks, fleet management solutions, as well as V2X (vehicle-to-everything) communications. AUTOCRYPT’s security solutions currently cover over 5000 kilometers of smart roadways and highways, and its proprietary technology has provided secure communications for several major manufacturers’ vehicles and charging systems.

 “We are exceptionally pleased to see our inclusion into this inaugural list. We live in an era where autonomous vehicles are making headway in terms of technological development, and as such, security is now more necessary than ever. Legislation is beginning to follow, putting into effect cybersecurity regulations and standards for those in the automotive industry, and demand has skyrocketed,” noted AUTOCRYPT’s CEO and co-Founder, Daniel ES Kim. He continued, “We do our best to meet this demand, but we also take it upon ourselves to inspire and raise up leaders and experts in this industry. We hope that our presence on the Forbes 100 to Watch highlights the work being done to bring cybersecurity of not only vehicles, but of the entire mobility ecosystem to the forefront.”

AUTOCRYPT made headlines earlier this year by raising a total of US$15 million from major investors to expand its offerings globally. The company most recently launched offices in Germany and the United States, opening its doors to collaborative projects with North American and European vehicle OEMs and Tier-1 suppliers. By providing security solutions complying with the diverse range of standardizations for vehicles worldwide, AUTOCRYPT allows for convenience and ease when it comes to interoperability.