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And as autonomous driving technology continues to become more prevalent, security for V2X communications will be more important than ever,' said CEO and co-Founder, Daniel ES Kim. 'V2X technology will need to be prioritized if the industry wants to move past Level 3 Driving Automation into Level 4 and 5. AUTOCRYPT showcased AutoCrypt SCMS Version 5.0 by completing a demonstration of the revocation of cross-certificates in an actual driving environment and were able to demonstrate international compatibility of the entire certificate lifecycle, including issuance, management, and revocation. The company most recently participated in the OmniAir Consortium's 'OmniAir Plugfest' with companies like Blackberry, ESCRYPT, and Green Hills Software. While many security providers only provide compliance in one or two regions, AUTOCRYPT's research and development team have secured compliance with all existing standards regarding certificate management, including the US SCMS, European-based C-ITS CMS (CCMS), and Chinese-based C-SCMS.

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Based on the IEEE 1609.2 standard, the CRL supports both hash-based CRL, which lists the hash value of revoked certificates and full linkage ID-based CRL, which allows for more efficient mass revocation.ĪutoCrypt SCMS securely manages the entire lifecycle of a certificate and is updated regularly to comply with stringent regulations from various regions. Utilizing a public key infrastructure (PKI) to encrypt, validate, and manage certificates for V2X communications, the newest version of AutoCrypt SCMS, Version 5.0, comes with newly added Certificate Revocation List (CRL) and Misbehavior Detection (MBD) functionalities. An SCMS is essential for autonomous driving as it signs and verifies the messages transmitted via V2X to ensure security and safety. 5, 2022 /PRNewswire/ - Known for its autonomous driving security solutions, AUTOCRYPT recently announced the launch of AutoCrypt SCMS Version 5.0, a Security Credential Management System (SCMS) for Vehicle-to-Everything (V2X) communications, and a crucial component of its AutoCrypt V2X security solution. The latest round valued the company at a $120M post-money.SEOUL, South Korea, Jan. This brings AUTOCRYPT's total funding to $40.7M to date.

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The company raised $25.5M in Series B round on May 26, 2022.

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Security Analyzer is an SBOM-based software vulnerability analysis platform, protecting vehicle software throughout its entire lifecycle, while Security Fuzzer effectively detects software flaws through smart fuzzing.ĪUTOCRYPT is backed by Korea Asset Investment Securities, BSK Investment, Hyundai Venture Investment Corp, Ulmus Investment, Pathfinder H, Shinhan Venture Investments, JB Asset Management, STIC Ventures, and others. AUTOCRYPT already manages security and PKI for all C-ITS projects on the Korean peninsula.ĪUTOCRYPT has also added Security Analyzer™ and Security Fuzzer™ to its in-vehicle systems security solution. The company is headquartered in Seoul, Seoul, South Korea.Īutocrypt, through security solutions for V2X, V2G (including PnC security), in-vehicle systems, and fleet management, ensures that security is prioritized before vehicles hit the road.ĪUTOCRYPT is currently in talks with several public agencies across the globe to implement its V2X security and SCMS for C-ITS projects. AUTOCRYPT is the leading player in automotive and smart mobility technologies, paving the way for C-ITS and autonomous driving through a multi-layered, holistic approach.ĪUTOCRYPT provides both governments and global automakers the latest security technologies, all in compliance with international safety standards.ĪUTOCRYPT was founded in 2019 by Daniel ES Kim and Duk Soo Kim.