Bridging the gap between car connectivity and
security
AURORA, ON and TEL-AVIV, Israel, Sept.
15, 2015 /CNW/ - Magna International Inc. and Argus
Cyber Security Ltd. announced today that they are partnering to
deliver a robust solution to the automotive industry that addresses
vehicle security concerns related to cyber attacks in the rapidly
growing car connectivity market.
(Photo:
http://photos.prnewswire.com/prnh/20150915/266551)
The Argus technology is a ready-to-embed, cyber security
solution for automobiles and aftermarket connectivity platforms.
The solution protects a vehicle's critical on-board systems from
being hacked and can be seamlessly integrated into any vehicle
product line with no changes required to the vehicle's
architecture. The technology is applicable to any connected
vehicle, anywhere in the world.
Through this partnership, Magna brings a comprehensive range of
automotive electronic systems, as well as safety-critical system
design expertise, while Argus delivers its Intrusion Prevention
System (IPS) solution and cloud-based monitoring service, resulting
in a complete integrated package.
"With the connected car market growing, the need to have a
protected environment and secure data is becoming more urgent and
we are taking a proactive approach in delivering a solution to our
customers," said Swamy Kotagiri,
Magna's Chief Technology Officer. "We feel confident in the Argus
team, their expertise and speed-to-market. In addition, this
partnership is key to our focus on vehicle-based connectivity
solutions as a core part of our electronics strategy."
"Argus' mission is to promote car connectivity without
compromising on security. We are certain that our joint offering
would help enhance passenger safety and make the road a safer
place," said Ofer Ben-Noon, Argus's
Co-Founder and CEO. "Magna's strong commitment and unique market
position will allow Argus to expedite its growth strategy and
further strengthen its market reach."
About Magna International
We are a leading global
automotive supplier with 287 manufacturing operations and 81
product development, engineering and sales centers in 29 countries.
We have approximately 124,000 employees focused on delivering
superior value to our customers through innovative products,
processes and World Class Manufacturing. Our product capabilities
include producing body, chassis, exterior, seating, powertrain,
electronic, vision, closure and roof systems and modules, as well
as complete vehicle engineering and contract manufacturing. Our
common shares trade on the Toronto Stock Exchange (MG) and the New
York Stock Exchange (MGA). For further information about Magna,
visit our website at www.magna.com.
About Argus
Argus is an automotive cyber security pioneer, helping car
manufacturers, their Tier 1 suppliers and aftermarket connectivity
providers protect connected cars and commercial vehicles from
car-hacking. Founded in 2013 by cyber security experts, Argus
solutions combine innovative security methods and proven computer
networking know-how with deep understanding of automotive best
practices. Argus' R&D is based in Tel-Aviv, Israel, with offices in Michigan, the Silicon Valley, Stuttgart and Tokyo. For further information visit
www.argus-sec.com.
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SOURCE Magna International of America Inc.