Mercury Systems Launches CANGuard to Strengthen Automotive Data Security
January 30 2017 - 4:19PM
Addressing the need for tighter in-vehicle security, Mercury
Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com), today announced the
CANGuard™ security suite, a unique software solution designed to
protect automotive vehicle data networks. The Company also
announced that it has entered into a licensing agreement with a
leading automotive electronics manufacturer to enable the
integration of CANGuard software into existing vehicle control
units as well as future units.
Security breaches of
in-vehicle onboard computers and networks are becoming more
prevalent. Recent demonstrations range from remotely shutting down
an engine to causing vehicle brakes to malfunction. Such attacks
are enabled by the lack of built-in security for the vehicle’s
controller area network (CAN) bus—the technology linking most
onboard computers. CAN has been a reliable workhorse for the
automotive industry for decades, yet it was developed before the
Internet, so its inventors never considered malicious remote actors
having access to the bus. By compromising a network-enabled onboard
computer, a sophisticated hacker can gain access to other critical
vehicle systems via CAN, leading to the dangerous security breaches
recently reported in the
media. “Security is
paramount to the safe operation of an automotive vehicle, and there
is no safety without security,” said Scott Orton, Mercury’s Vice
President of Secure Processing Solutions. “Mercury’s unique
security intellectual property applied to automotive infrastructure
denies malicious intrusion attempts from propagating to
safety-critical vehicle
functions.” At its core,
the CANGuard suite is a security layer installed within an
automotive computer (an ‘ECU’) attached to a vehicle’s CAN bus.
This security layer defends against nefarious actions by blocking
malicious data traffic before it can have an impact on the target
vehicle - and does so in a manner transparent to the ECU control
programs. Unlike alternative solutions, such as bus monitoring or
gateway firewalls, CANGuard software requires no architectural
changes to the vehicle, nor additional hardware. The CANGuard
solution can be applied on a per-ECU basis, retaining complete
interoperability with non-CANGuard-aware ECUs. This enables the
software to be retrofitted into various existing vehicles in
addition to new
designs. For more
information visit www.mrcy.com/CANGuard.
Mercury Systems – Innovation That
Matters™
Mercury Systems (NASDAQ:MRCY) is a leading commercial provider
of secure sensor and mission processing subsystems. Optimized for
customer and mission success, Mercury’s solutions power a wide
variety of critical defense and intelligence programs.
Headquartered in Chelmsford, Mass., Mercury is pioneering a
next-generation defense electronics business model specifically
designed to meet the industry’s current and emerging technology
needs. To learn more, visit www.mrcy.com.
Forward-Looking Safe Harbor
Statement
This press release contains certain forward-looking statements,
as that term is defined in the Private Securities Litigation Reform
Act of 1995, including those relating to the acquisitions described
herein. You can identify these statements by the use of the words
“may,” “will,” “could,” “should,” “would,” “plans,” “expects,”
“anticipates,” “continue,” “estimate,” “project,” “intend,”
“likely,” “forecast,” “probable,” “potential,” and similar
expressions. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. Such risks and uncertainties
include, but are not limited to, continued funding of defense
programs, the timing and amounts of such funding, general economic
and business conditions, including unforeseen weakness in the
Company’s markets, effects of continued geopolitical unrest and
regional conflicts, competition, changes in technology and methods
of marketing, delays in completing engineering and manufacturing
programs, changes in customer order patterns, changes in product
mix, continued success in technological advances and delivering
technological innovations, changes in, or in the U.S. Government’s
interpretation of, federal export control or procurement rules and
regulations, market acceptance of the Company's products, shortages
in components, production delays or unanticipated expenses due to
performance quality issues with outsourced components, inability to
fully realize the expected benefits from acquisitions and
restructurings, or delays in realizing such benefits, challenges in
integrating acquired businesses and achieving anticipated
synergies, increases in interest rates, changes to export
regulations, increases in tax rates, changes to generally accepted
accounting principles, difficulties in retaining key employees and
customers, unanticipated costs under fixed-price service and system
integration engagements, and various other factors beyond our
control. These risks and uncertainties also include such additional
risk factors as are discussed in the Company's filings with the
U.S. Securities and Exchange Commission, including its Annual
Report on Form 10-K for the fiscal year ended June 30, 2016. The
Company cautions readers not to place undue reliance upon any such
forward-looking statements, which speak only as of the date made.
The Company undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date on
which such statement is made.
Mercury Systems, CANGuard, and Innovation That Matters are
trademarks of Mercury Systems, Inc. Other product and company names
mentioned may be trademarks and/or registered trademarks of their
respective holders.
Contact:
Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / rmcgrail@mrcy.com
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