Magna International and Argus Cyber Security 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.
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.
Magna Chief Technology Officer Swamy Kotagiri said: "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.
"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."
