An Industry Milestone: VEDECOM Tech and Karamba Security Announce the First Commercial, Cyberhack-pr

An Industry Milestone: VEDECOM Tech and Karamba Security Announce the First Commercial, Cyberhack-protected Autonomous Car

ID: 548464

(Thomson Reuters ONE) -


ANN ARBOR, Mich. and HOD HASHARON, Israel and VERSAILLES, France, June 19, 2017
(GLOBE NEWSWIRE) -- VEDECOM Tech, the European self-driving car company, has
chosen Karamba Security, a provider of autonomous cybersecurity solutions for
connected and autonomous vehicles, to protect its autonomous vehicles from
cyberattacks.

A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/3ba489d6-a2cd-
4ec7-86af-2b4316b5914b

VEDECOM Tech is a commercial subsidiary of VEDECOM Public Foundation, an
organization dedicated to fostering innovation in autonomous transportation, and
whose members include Renault, Peugeot and Valeo.

VEDECOM Tech is introducing completely autonomous, self-driving vehicles (SAE
Level 5) that will be launched for commercial use in 2017 and 2018 by
municipalities in France, Germany, Italy, Portugal and the Netherlands. The
company is using Karamba's Carwall and Autonomous Security software to protect
the cars' electronic control units (ECUs) against risks of hacking.

This marks the industry's first production of cyberattack-secured, commercially-
available automobiles.

"As we bring our first self-driving cars into production, we planned for
cybersecurity technology to be part of the car's design. We evaluated the market
extensively, and after serious consideration, concluded that Karamba Security's
technology is the best way to prevent, not just detect, cyberthreats and keep
passengers and cars safe," said Frederic Mathis, CEO and president of VEDECOM
Tech.  "Karamba's Autonomous Security achieves that by autonomously hardening
ECUs and preventing hacker infiltration with zero false positives. This approach
uniquely prevents cyberattacks, and at the same time, satisfies the industry's
intolerance to consumer safety risks, resulting from false alarms (aka 'false




positives') that mistakenly block legitimate vehicle commands."

"We are excited to be the first cybersecurity company to have its technology
adopted in commercially available cars," said Ami Dotan, Karamba Security CEO
and co-founder. "VEDECOM Tech is a formidable partner, which has been
successfully implementing state-of-the-art technologies that enable self-driving
cars to become a reality. Protecting these autonomous and connected vehicles
from cyberattacks is VEDECOM Tech's priority, and we are proud to enable this
cyber protection."

VEDECOM is using YoGoKo's advanced communications solutions for its connected
and cooperative autonomous vehicle. YoGoKo solutions enable vehicles to maintain
internet connectivity and exchange data with other vehicles, road and urban
infrastructure and cloud apps in a standardized way (ISO, CEN, ETSI standards),
combining a diversity of access technologies (urban Wi-Fi, ITS-G5, cellular,
LoRa, etc.).

By using state-of-the-art software and hardware security features to design its
solutions, YoGoKo helps leverage risks and attacks coming from communication
channels. YoGoKo brings a high level of trust to vehicular communications.

Moreover, communications security must be complemented with system-level
security.  YoGoKo and Karamba work together to harden YoGoKo's externally-
connected ECUs and safeguard the vehicles' advanced, connected communications
systems against cyberattacks. This software security blocks malware and enforces
authentication to provide trust in using self-driving capabilities and enforcing
authorization policies that ensure data privacy.

VEDECOM Tech will provide a fleet of autonomous vehicles for the Autopilot
Project.
Autopilot Project has received funding from the European Union's Horizon 2020
research and innovation program under grant agreement No 731993.

VEDECOM Tech, YoGoKo and Karamba Security will showcase their partnership to
protect VEDECOM's self-driving cars at booth number A10 during the 12th ITS
European Congress, June 19 - 22, 2017 at the Strasbourg Convention Centre.

Carwall and Autonomous Security
Communications between vehicles and surrounding infrastructure certainly have
the potential to improve driving safety and traffic management. These
transmissions need to be highly secured, however, because malicious actors may
target this intelligence to interfere with the car's critical components. A
car's electronics system also needs protection because hackers may tamper with
that as well.

Attackers try to inject malicious messages designed to modify a vehicle's
behavior, either by a local or remote attack.

Karamba Security has responded to the challenges with Carwall and Autonomous
Security, an approach that hardens the car's ECUs against hackers trying to take
control of its safety systems, such as brakes and steering, for malicious
purposes. Karamba safeguards the vehicle's electronics and entire system from
being hacked by threat actors, and offers these advantages:

* A software solution that prevents cyberattacks with zero false positives,
eliminating the risk of safety impacts
* No malware updates required
* Automatic policy generation with zero development efforts
Just last week, Karamba Security was awarded Best Auto Cybersecurity
Product/Service of 2017 by TU-Automotive at its Detroit Conference and
Exhibition. Karamba was selected in a unanimous decision by TU-chosen expert
judges based on: Innovation, Industry Engagement, User Experience and Market
Update.

Resources
Autonomous Security
Karamba Security Approach
Karamba Security FAQ

About Karamba Security
Karamba Security provides industry-leading autonomous cybersecurity solutions
for connected and autonomous vehicles. Karamba's software products automatically
harden the ECUs of connected and autonomous cars, preventing hackers from
manipulating and compromising those ECUs and hacking into the car. Karamba's
Autonomous Security prevents cyberattacks with zero false positives, no
connectivity requirements and negligible performance impact. In one year,
Karamba has received a total investment of $17 million. The company has been
recognized in 2017 with TU-Automotive's Best Cybersecurity Product/Service and
the North American Frost & Sullivan Award for Automotive New Product Innovation.
More information is available at www.karambasecurity.com.

About VEDECOM Tech
VEDECOM was created in February 2014 and is an Institutes for Energy Transition
(ITE), established as part of the French government's 'Investment for the future
plan' (Programme d'Investissements d'Avenir or PIA). The Institute is dedicated
to individual, carbon-free and sustainable mobility. More information is
available at http://www.vedecom.fr/ite/?lang=en.

About YoGoKo
YoGoKo provides industry-leading communication solutions for the connected &
cooperative vehicle. These innovative technologies enable secure and efficient
internet communications, as well as direct communications between vehicles and
the roadside infrastructure. It allows the transmission of information related
to road safety and traffic efficiency. Additionally, it enables data collection
and processing, fleet tracking and management, remote diagnosis, software over-
the-air updates, internet access and other added-value applications and
services.
More information is available at http://www.yogoko.com/.

Media Contact
Montner Tech PR
Deb Montner
dmontner(at)montner.com
+1-203-226-9290 x110





This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Karamba Security via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 19.06.2017 - 06:00 Uhr
Sprache: Deutsch
News-ID 548464
Anzahl Zeichen: 8600

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