Trend Micro Innovations Shape the Automotive Cybersecurity Industry

Strong market demand and business incubation drive connected vehicle security solutions

SYDNEY, June 15, 2022 – Connected cars provide plenty to entice threat actors, with more than 400 million predicted to be on the roads globally by 2025.  Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced VicOne, a new Trend Micro business unit dedicated to securing the electric vehicles and connected cars of today and tomorrow.

The addition of this new business vertical reaffirms Trend Micro's commitment to incubating successful business ideas and extends its cybersecurity reach to the automotive industry.

"At Trend Micro, we are driven by the desire to secure the connected world. As we focus on this mission, it is imperative that we need to free ourselves to explore the various new business model that fits the new supply chain," said Ashley Watkins, Vice President ANZ, Trend Micro. "With VicOne, we anticipated an urgent OEM need for enhanced automotive cybersecurity. Built with the best of Trend Micro innovation, it will offer tremendous value to the industry."

Electric vehicles are increasingly exposed to remote digital threats across a range of new attack scenarios. OEMs and suppliers must urgently build comprehensive cybersecurity protections into their ecosystem to comply with the new regulation by United Nations, WP.29 (UN – R155). It is designed to ensure vehicle-makers mitigate the growing threat to connected car ecosystems, driver safety, and sensitive data posed by the increased use of in-vehicle connectivity, software, over-the-air updates, and complex supply chains.

"Cybersecurity is an integral part of the electric vehicle (EV) ecosystem. Microsoft provides a comprehensive and open platform service with a zero-trust mindset, enabling end-to-end security services for telematics and electric vehicles through the cloud computing and AI capabilities of the Azure IoT platform," said Dr. Joe Lin, Greater China Region Lead, IoT Solutions at Microsoft. "We look forward to working closely with Trend Micro and VicOne to build a secure and reliable intelligent platform to drive the development of the ecosystem and move towards a green and sustainable future."

Vehicle security operations centres (SOCs) are a vital step for carmakers looking to comply with regulatory measures by offering enhanced threat detection and response for software-defined vehicles. VicOne’s security operations centre integrates Microsoft Azure IoT services to collect telemetrics in automobiles and Azure data services to analyse security threats and breaches.

"Cybersecurity is an integral part of the electric vehicle (EV) ecosystem. Microsoft provides a comprehensive and open platform service with a zero-trust mindset, " said Soren Lau, General Manager of Asia and EMEA, IoT Partner Solutions at Microsoft. "We look forward to working with Trend Micro and VicOne to enable end-to-end security solutions for telematics and EVs through Microsoft Cloud and AI features within Azure IoT services ."

Gartner® also suggests the automotive industry should “partner with cybersecurity experts who can assess and propose a broad range of countermeasures. Be future-oriented and avoid doing the minimum to mitigate all threats listed by the regulation — doing so will lead you to continually playing catch-up to keep pace with cybercriminals¹."

As part of these efforts, Trend Micro has formed a strategic partnership with MIH Consortium, an open EV platform alliance led by Foxconn, and has recently joined the Scalable Open Architecture for Embedded Edge (SOAFEE) initiative, which aims to provide a cloud-native architecture for the development of software-defined vehicles. These moves cement Trend Micro's position at the heart of vehicle supply chains, as industry stakeholders invest more time and resources into cybersecurity compliance.

"The software-defined vehicle is the future of the global automotive industry and a driving force in accelerating the development of innovative automotive technology applications," said Dipti Vachani, SVP and GM, Automotive and IoT Line of Business, Arm. "By joining other leaders across the automotive industry as a new member of SOAFEE, VicOne is bringing important expertise in security standards to help ensure a safer future for the automotive industry."

VicOne will offer end-to-end security solutions for the automotive ecosystem, including secure by design, risk management, threat detection, and response. The combined power of vehicle SOC, secure over-the-air (OTA), in-vehicle security, penetration test as a service, and automotive vulnerability management will help analysts see more and respond faster to incidents.

To find out more about Trend Micro VicOne, please visit: https://www.vicone.com/en

About VicOneDesigned to support large-scale connected car deployments, VicOne supports the cybersecurity of a vehicle throughout its life cycle. Leveraging over 30 years of cybersecurity experience from Trend Micro and the expertise of more than 10,000 independent researchers through the Zero Day Initiative, VicOne's cybersecurity solutions will use the latest technologies like machine learning, behaviour monitoring, and detection and response to help secure connected cars. https://www.vicone.com/en

^{1 Gartner - How Automotive CIOs Can Lead a Successful Cybersecurity Implementation and Comply With WP.29 UN R155, Pedro Pacheco, Jonathan Davenport, 18 June 2021, 2021GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.}

 

About Trend MicroTrend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fuelled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organisations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defence techniques optimised for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organisations to simplify and secure their connected world. http://www.trendmicro.com.au/