Israeli firm C2A to supply cybersecurity platform for Daimler Trucks

NTT Data

28/03/2024 11:50

By Steven Scheer
       JERUSALEM, March 28 (Reuters) - C2A Security will supply
a cybersecurity platform to Daimler Trucks  DTGGe.DE , the
Israeli start-up said on Thursday, marking its latest deal with
automakers facing strict European regulations.
    The contract for its EVSec platform was signed in 2023 but
C2A has now made it public. 
    It also inked deals for the platform with other original
equipment manufacturers (OEMs) last year, including with BMW
Group  BMWG.DE , Marelli, NTT Data  9613.T , Siemens  SIEGn.DE 
and Valeo  VLOF.PA .
    Vehicles increasingly rely on dozens of computers that
connect to each other as well as the internet, mobile networks
and Bluetooth communications systems that make them vulnerable
to remote hacks.
    Jerusalem-based C2A, founded in 2016, did not disclose the
value of the Daimler deal but CEO Roy Fridman told Reuters it
was "one of the most significant product security deals that was
done in the industry".
    As part of the deal, Daimler Trucks will use the EVSec
platform - which automates cybersecurity and allows companies to
comply with regulations efficiently and cost-effectively -
across all eight of the company's trucks and bus brands.
     Sales of the German truck maker grew by 1% in 2023 to
526,053 units.
    Under a United Nations regulation set to come into full
effect in July, automakers must implement a cybersecurity
management system (CSMS) "to guarantee vehicle safety and data
protection through rigorous cybersecurity measures."
    "This year I see at least two additional significant deals
with OEMs, big automakers," Fridman said.
    The new rules may force some automakers to discontinue some
older combustion engined models rather than invest in upgrading
them to meet the new regulations which will also extend to China
and other countries. 
    Porsche  P911_p.DE  has said it plans to halt sales of its
gasoline-powered SUV Macan model in Europe this spring.
    "We think ... we will convince our customers with the new
electric Macan," Porsche CEO Oliver Blume said this month.

 (Reporting by Steven Scheer; Additional reporting by Christoph
Steitz in Frankfurt and Joe White in Detroit; editing by Jason
Neely)
 ((steven.scheer@thomsonreuters.com; +972 2 632 2210; Reuters
Messaging: Twitter: @StevenMScheer))