Magna partners with Israel-based Argus to prevent vehicle ‘hacking’
Companies will look to maintain vehicle connectivity while ensuring auto sector security
AURORA, Ont.—The auto industry is moving quickly in response to a recent string of vehicle hacks. Fiat Chrysler, for example, announced a 1.4 million vehicle recall to address a vulnerability, while others are taking preventative measures. One of the industry’s leading suppliers, Magna International Inc. has announced it’s also moving to combat the issue.
The company has partnered with Argus Cyber Security Ltd., an Israel-based cyber security firm, to address “vehicle security concerns related to cyber attacks in the rapidly growing car connectivity market.”
“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,” Swamy Kotagiri, Magna’s CTO, said. “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’s technology is a ready-to-embed, cyber security solution for automobiles and aftermarket connectivity platforms. Magna said the solution protects a vehicle’s critical on-board systems from being hacked and can be 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,” the company added.
Argus offers an Intrusion Prevention System as well as a cloud-based monitoring service, which can be integrated into Magna’s range of electronic systems.
Such solutions will allow vehicles to remain connected, while closing recently-exposed vulnerabilities.