Press release

Karamba Security Awarded “Industry Choice Company of the Year 2019” at TU-Automotive Annual Event in Detroit

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TU-AutomotiveKaramba
Security
, a world-leading provider of embedded cybersecurity for
automotive, IoT, and Enterprise Edge devices, was awarded
TU-Automotive’s “Industry Choice Company of the Year” at TU-Automotive
Detroit 2019
. Karamba was recognized for its innovative
cybersecurity technology that helps automotive OEMs and tier-1s
effectively detect and prevent hackers, keeping passengers safe and
reducing cyber concerns for consumers and regulators. Being named an
“Industry Choice Company” highlights the fast adoption of Karamba’s
runtime integrity within the automotive industry.

The award is the latest in a long line of accolades for Karamba, which
provides embedded, deterministic security for connected systems. For
connected and autonomous automobiles, Karamba enables “self-defending”
electronic control units (ECUs), which are sealed against attempts to
override the ECU factory settings. The award is a recognition that
cybersecurity is key in mass adoption of connected and autonomous cars.

“We are proud and honored to receive such great recognition,” said Ami
Dotan, Karamba Security CEO and co-founder. “Becoming the Industry
Choice for 2019 is an acknowledgement that the automotive industry views
in-vehicle cybersecurity as an essential part of the equation. Further,
automatically hardening the vehicle ECUs is absolutely necessary to
achieve the goal of delivering connected and autonomous cars without
compromising safety due to cyberattacks.”

Since entering the automotive cybersecurity space in 2016, Karamba has
continuously innovated and led the agenda of this industry through
product innovation and expedited customer adoption of runtime integrity
software. Its first product, Carwall,
winner of the 2017 TU-Automotive Best Cybersecurity Product, changed the
industry focus from detection of the CAN events to prevention of attacks
on the ECU. Karamba’s second product, SafeCAN,
winner of the 2018 TU-Automotive Best Cybersecurity Product, solved the
need for authenticated CAN messaging while addressing CAN bandwidth
limitations. Karamba Security is one of a limited set of strategic
partners to AutoISAC, an industry-wide forum for companies to
collaborate to identify threats sooner.

TU-Automotive Awards are the automotive industry most prestigious and
anticipated awards. The selection of “Industry Choice Company of the
Year” is based on votes from thousands of the show attendees and provide
further validation of Karamba’s technology adoption and impact.
TU-Automotive Detroit is the world’s largest auto tech conference &
exhibition, shaping the future of connected auto mobility.

Karamba Security’s market leadership has been acknowledged by Gartner as
a 2018 Cool Vendor for IoT Cybersecurity, and in early 2019, Forbes
named Karamba one of 25 companies to watch in 2019.

About Karamba Security

Karamba Security provides industry-leading embedded cybersecurity
solutions for connected systems. Product manufacturers in automotive,
Industry 4.0, IoT, and enterprise edge rely on Karamba’s automated
runtime integrity software to self-protect their products against Remote
Code Execution (RCE) cyberattacks with negligible performance impact.
After 32 successful engagements with 17 automotive OEMs and tier 1s,
product providers trust Karamba’s award-winning solutions to increase
their brand competitiveness and protect their customers against
cyberthreats.

More information is available at www.karambasecurity.com
and follow us on Twitter @KarambaSecurity.