Abigail Klein Leichman | May 21, 2017
SoftWheel, CartiHeal, Next Insurance, Karamba Security, Sweet Inn, Twiggle and BiomX raked in a combined $140.3 million in May 2017.
Karamba Security of Hod Hasharon, a provider of cybersecurity solutions for connected and autonomous vehicles, announced $12 million in Series B funding.
Assa Sasson | May 18, 2017
Israel came out relatively unscathed from the massive cyberattack on the world’s computers over the weekend. But the event was enough to spook many Israeli business owners and sales of cyberinsurance have jumped 30% compared with the same time last year, according to AIG Israel, one of the biggest providers.
Karamba Security, a provider of cybersecurity for connected and self-driving cars, said on Tuesday it raised $12 million in a round led by Paladin Capital in the first-ever Israel investment from the Washington-based cyber-focused venture capital fund. The round, which brings Karamba’s total fundraising to $17 million, included existing investors YL Ventures of California and Detroit-based Fontinalis Partners as well as GlenRock Israel.
NoCamels team | May 17, 2017
May 17, 2017 | Israeli startup Karamba Security, a provider of cyber-security solutions for connected and autonomous vehicles, has rasied $12 million in Series B funding, bringing total investment in the company to $17 million, one year after closing a seed round. The funds will be used to expand customer support, sales as well as research and development. Existing investors YL Ventures, Fontinalis Partners and GlenRock Israel led the round. Karamba Security was founded in 2015 by Tal Ben David, Assaf Harel, Ami Dotan, and David Barzilai.
Sean Michael Kerner | May 17, 2017
Karamba Security announced on May 16 that it has raised a new $12 million Series B round of funding to further its mission of helping to secure connected and autonomous vehicles.
The core platform that Karamba provides is called Carwall and was first announced back in June 2016. The basic premise behind the Carwall technology is to secure the electronic control units (ECU) in vehicles.
Carwall can also help to reduce the potential of in-memory attacks against vehicles. In-memory attacks to not install any malware in order to exploit vehicles. Researchers from Chinese firm Tencent disclosed in-memory attacks against Tesla vehicles in September 2016.
Venture Capital | May 17, 2017
Karamba Security said it raised $12 million of Series B funding in a deal led by existing investors YL Ventures and Fontinalis Partners. The transaction was joined by existing investor GlenRock Israel and new investors Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent.
The company has now raised $17 million. It closed a seed round one year ago.
The investment will be used to expand customer support, sales and R&D.
Dan Primack | May 17, 2017
Karamba Security, an Ann Arbor, Mich.-based provider of cybersecurity solutions for connected cars, has raised $12 million in Series B funding. Fontinalis Partners and YL Ventures co-led the round, and were joined by Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent.
VC News Daily Staff | May 17, 2017
Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles, today announced $12 million in Series B funding, bringing total investment in the company to $17 million, one year after closing a seed round.
Karamba Security has introduced a prevention software that seamlessly protects the car, based on its factory settings, and blocks hacking attempts as they deviate from the car’s factory settings.
David Manners | May 17, 2017
The investment was raised quickly. In a little more than a year since coming out of stealth, Karamba has engaged with 16 automotive OEMs and Tier-1 suppliers.
The connected car security problem has received significant attention: The U.S. Assistant Attorney General for National Security warned that connected cars, which Gartner predicts will represent 250 million vehicles on the road by 2020, “will be the next battlefield.” Connected cars have hundreds to thousands of hidden security bugs–vulnerabilities that hackers can exploit to infiltrate the vehicle, take control and compromise its safe operation.
VCA Online Staff | May 16, 2017
When Karamba announced its solution in April 2016, the automotive industry was mostly evaluating network security solutions, adapted to the car. Such solutions are based on statistical modeling and are prone to false alarms, aka “false positives,” that risk lives. An example would be the brakes failing because a legitimate command was mistakenly identified as malicious and blocked
In a little more than a year since coming out of stealth, Karamba has engaged with 16 automotive OEMs and Tier-1 suppliers. In addition, Karamba was recognized with the 2017 North American Frost & Sullivan Award for Automotive New Product Innovation
Lora Kolodny | May 16, 2017
By 2020, an estimated 75 percent of cars will be internet-connected worldwide, according to estimates from the FBI, Department of Transportation and the National Highway Traffic Safety Administration. That connectivity will allow drivers to tap into life-saving safety features and make self-driving cars a reality. But it also makes vehicles vulnerable to malicious hackers.
There hasn’t been a malevolent hack against connected cars en masse yet. And one Israeli startup called Karamba Security wants to keep it that way. Karamba has raised a $12 million Series B round of funding led by the company’s existing investors and new investors.
Solidtechnews | May 16, 2017
There hasn’t been a malevolent hack against connected cars en masse yet. And one Israeli startup called Karamba Security wants to keep it that way. Karamba has raised a $12 million Series B round of funding led by the company’s existing investors, Fontinalis Partners, which is Bill Ford’s mobility-focused fund, as well as YL Ventures, a firm that backs Israeli startups aiming to grow their business in the U.S. Karamba also added new investors in their Series B round, including Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent.
Barzilai said Karamba’s goal is to keep malevolent hacks from ever affecting cars. Already, security researchers have demonstrated myriad ways to exploit apps and systems in vehicles to mess with drivers and their car’s behavior. Fiat Chrysler had to issue a Jeep Cherokee recall after Charlie Miller and Chris Valasek demonstrated their cars’ vulnerabilities. And Tesla had to issue major security upgrades after Tencent security researchers demonstrated a way to exploit the Wi-Fi in a Tesla S to remotely activate the car’s brakes while the car was still in motion. But a mass attack, Barzilai hopes, does not have to be an eventuality.
Tali Tsipori | May 16, 2017
The Israeli company has introduced prevention software that seamlessly protects the car and blocks hacking attempts.
“Until Karamba, there were no preventive solutions with zero false positives, and many questioned whether it was even achievable,” added Chris Thomas, a founder and partner at Fontinalis Partners
Mark Boslet | May 16, 2017
Karamba Security said it raised $12 million of Series B funding in a deal led by existing investors YL Ventures and Fontinalis Partners. The transaction was joined by existing investor GlenRock Israel and new investors Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent.
Business Wire | May 16, 2017
Karamba Security provides industry-leading autonomous cybersecurity solutions for connected and autonomous vehicles. Karamba’s software products automatically harden the ECUs of connected and autonomous cars, preventing hackers from manipulating and compromising those ECUs and hacking into the car.
“Until Karamba, there were no preventive solutions with zero false positives, and many questioned whether it was even achievable,” added Chris Thomas
Maria Deutscher | May 16, 2017
The two-year-old breach prevention provider sells a toolkit for protecting the electronic control units that power the digitized functions of a connected vehicle. Dubbed Carwall, the software can restrict each ECU to the limited set of tasks it’s designed to perform on a day-to-day basi
Carwall doesn’t generate false positives like traditional security tools that use statistical approximation methods to identify threats, which prevents interference with a vehicle’s key functions.
News Wire | May 16, 2017
TEL AVIV, May 16 (Reuters) - Israeli startup Karamba Security, a provider of cybersecurity for connected and self-driving cars, said on Tuesday it raised $12 million, attracting first-time investment in Israel from Washington-based cyber-focused Paladin Capital. The latest investment brings Karamba’s total fundraising to $17 million, with existing investors YL Ventures of California and Detroit-based Fontinalis Partners leading the round, followed by GlenRock Israel. Other new …
Deals - Americas | May 16, 2017
The global cybersecurity market for cars was estimated by Mordor Intelligence to grow to $1.1 billion by 2020 from $17 million in 2015.
“We see this notion of Karamba trying to prevent attacks as substantial progress on what exists today to detect attacks,” Paladin managing director Kenneth Minihan told Reuters.
David Strom | May 16, 2017
Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles announced $12M B round let by YL Ventures.
Erin Griffith | May 16, 2017
Karamba Security, an Ann Arbor, Mich.-based autonomous vehicles cybersecurity provider, raised $12 million in Series B funding. Existing investors YL Ventures and Fontinalis Partners co-led the round, and were joined by followed by GlenRock Israel, Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures, and Asgent.
FINSMES | May 16, 2017
Karamba Security, an Ann Arbor, Michigan and Hod Hasharon, Israel-based provider of cybersecurity solutions for connected and autonomous vehicles, raised $12m in Series B funding.
The round was led by YL Ventures and Fontinalis Partners led the round, followed by GlenRock Israel and new strategic investors Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures, Asgent, Inc.
Reuters | May 16, 2017
TEL AVIV, May 16 (Reuters) - Israeli startup Karamba Security, a provider of cybersecurity for connected and self-driving cars, said on Tuesday it raised $12 million, attracting first-time investment in Israel from Washington-based cyber-focused Paladin Capital.
Minihan, a retired Air Force lieutenant general and former director of the U.S. National Security Agency, said ransomware attacks such as those that occurred over the weekend would not be relevant to automobiles, which operate in their own network.
Sarah Schmid Stevenson | May 16, 2017
There are conflicting opinions, even within Xconomy’s newsroom, about whether autonomous vehicles will be the game-changing technology the automotive industry hopes for. Yet, connected-car cybersecurity startup Karamba is moving full steam ahead—and its investors just doubled down with a new round of funding.
“Autonomous cars are being built, just not on a mass scale,” he says. “We see it coming very soon, maybe even 2018.”
Techseen Bureau | May 16, 2017
When Karamba announced its solution in April 2016, the automotive industry was mostly evaluating network security solutions, adapted to the car. Such solutions are based on statistical modeling and are prone to false alarms, aka “false positives,” that risk lives. An example would be the brakes failing because a legitimate command was mistakenly identified as malicious and blocked.
“What we found compelling from the start was that Karamba Security solved this industry-wide problem and eliminated the risk of false positives…” said Yoav Leitersdorf, Managing Partner, YL Ventures and Board Member, Karamba Security.
Shoshana Solomon | May 16, 2017
Karamba Security, a maker of cybersecurity software for connected and autonomous vehicles, said it has raised $12 million in Series B funding, bringing total investment in the company to $17 million.
Karamba has been recognized with the 2017 North American Frost & Sullivan Award for Automotive New Product Innovation and by Forbes Israel as one of Israel’s Top 10 Most Promising Cybersecurity Companies.
Matt Hamblen | May 15, 2017
The WannaCry global ransomware attack crippled computer systems in 150 countries on Friday. Including manufacturers & car makers like Renault and Nissan.
Tal Ben David, vice president of Karamba Security responded, “… there should be alternatives to patching for devices like cars and widely dispersed internet of things,” … “A patching strategy would let hackers put lives at risk for months,” … “The only answer is to harden car or other life-risking IoT systems to their factory settings, which would secure those systems against attacks without relying on security patches.”
Ali Raza | April 29, 2017
It’s common knowledge that Internet of Things (IoT) devices are being hacked on a large scale and cyber criminals are turning them into a botnet that would then be used to launch DDoS attacks; finally a security solution may have arrived.
Karamba Security also agrees that we’re at the beginning of a new era, that will see more and more IoT devices used in everyday lives, and that layers of security like this that already compliments the existing security can never be a wrong thing.
Steven Melendez | April 27, 2017
Security experts have long warned that the connected devices that make up the so-called internet of things are way too vulnerable to hack attacks. These gadgets—fridges, fitness trackers, thermostats, sleep monitors, your next piece of jewelry—are like the zombie soldiers of the internet, often poorly secured and easily vulnerable to the will of hackers. Small medical devices and industrial control systems can be manipulated to do serious harm, and smart home appliances can be hijacked to steal personal data or even spy on their owners, as owners of smart TVs vulnerable to CIA spy software recently learned from a WikiLeaks report.
Karamba Security, says it intends to use Orbit in conjunction with its own tools that seek out and block suspicious code, in order to maximize protection for automotive systems. “We view Cloudflare’s Orbit as a complementary solution that enables secure connectivity between the cars’ hardened controllers and the car company’s data center for trusted, over-the-air updates,” CEO Ami Dotan said in a statement.
Esol | April 26, 2017
Karamba Security, a provider of autonomous cybersecurity solutions for connected and autonomous vehicles and eSOL, a leading developer of real-time embedded software solutions, have partnered to demonstrate how their integrated cybersecurity technology solutions can keep self-driving cars and medical IoT devices safe from hackers.
“With Karamba’s software embedded as part of eSOL’s eT-Kernel RTOS-based platform infection from malware is prevented, while allowing only good code to run,” explained Bob N. Ueyama, eSOL executive vice president. “This shows we can block external threats, preventing hacks to self-driving cars’ braking and steering systems and other critical safety functions. It will also deter remote attacks to medical IoT devices, including MRI scanners, X-Ray machines and insulin pumps,”.
Kirk D’Souza | April 11, 2017
As the Internet of Things (IoT) revolution gathers pace, we will soon be living in a world where virtually everything is connected to the internet and the cloud – cars, homes, televisions, coffee machines, and even our showers. “Even babies are controlled by the Internet,” Israeli cyber-security guru Gil Shwed said recently at Israel’s CyberTech conference, referring to a WiFi-enabled crib he had bought.
Another Israeli startup, Karamba Security, offers a cyber-security solution called Carwall, which secures a vehicle’s engine control unit by detecting and preventing all computer operations that deviate from the original factory settings of the unit.
aftermarketNews Staff | March 16, 2017
Frost & Sullivan has recognized Karamba Security, a provider of autonomous cybersecurity software for connected and autonomous vehicles, with the 2017 North American New Product Innovation Award for the Automotive Industry.
Industry leaders agree that tomorrow’s autonomous vehicles need to be secure against cybersecurity threats in a safe and predictable manner and, ultimately, to self-heal. Karamba’s Autonomous Security achieves that by autonomously hardening externally connected electronic control units (ECUs) and preventing hacker infiltration with zero false positives. Karamba’s innovative approach was recognized as unique and suitable to the industry’s intolerance to false positives, which mistakenly block legitimate vehicle commands, thereby introducing safety risks.
Frost & Sullivan | March 15, 2017
Based on its recent annual analysis of the automotive market, Frost & Sullivan recognizes Karamba Security with the 2017 North American Frost & Sullivan Award for New Product Innovation. Karamba’s embedded software protects original equipment manufacturers’ (OEMs’) connected and autonomous vehicles from external and local hackers by hardening electronic control units (ECUs) that are open to external access through cellular connectivity, Wi-Fi, internet or Bluetooth. Its autonomous security software eliminates the risk of false positives, does not require connectivity and protects the operational integrity of any ECU. Its automated sealing approach offers the automotive industry and other Internet of Things (IoT) solutions a tool to immediately detect and prevent cyberattacks.
“Karamba’s patent-pending software integration into the customer’s development environment automatically hardens the customer’s ECU against cyberthreats,” said Frost & Sullivan Senior Consultant Sriram Venkatraman. “As it applies prevention that is based on the customer’s factory settings, it does not have to rely on malware signatures and therefore can prevent attacks without requiring malware signature updates. It automatically learns the factory settings and creates a security policy that detects and prevents deviations from those settings. This approach delivers zero-day protection across the protected product’s lifecycle.”
Eliran Rubin | March 14, 2017
Over 100 local companies are developing technology for self-driving cars and forming ties with the world’s industry leaders. This week’s Intel-Mobileye deal is likely to spur even more growth. The main technologies of interest to the automotive industry involve computer chips, communication, big data and analytics, complex artificial intelligence capabilities and technology for neutralizing potential cyberthreats. Smart technologies are already available in most state-of-the-art vehicles, and every month thousands of cars with limited automated features are sold.
Car cybersecurity is another area in which Israeli companies are distinguishing themselves - most of the world’s car cybersecurity firms are now Israeli. Besides TowerSec, other big Israeli names in car cybersecurity are Argus, which has raised $30 million to date, and Karamba Security, which was founded in 2015 and is developing a product that will enable companies to protect their cars from threats from the Internet or via Bluetooth.
Brandon Lewis | February 13, 2017
The Future of Automotive Security Technology Research (FASTR) consortium – formerly the Automotive Security Review Board – has released a manifesto entitled “Toward Tomorrow’s ‘Organically Secure’ Vehicle.” The document is a declaration of FASTR’s intentions to enable industry-wide collaboration on automotive security through theoretical research and development aimed at developing systematic coordination of cybersecurity across the automotive supply chain to ensure trust in connected and autonomous vehicles.
“Amid evolving threats and growing scrutiny prompted by vehicle hacks and the spread of connected car technologies, automakers, the Department of Transportation (DOT), and the National Highway and Transportation Safety Association (NHTSA) are seeking innovative and preventative solutions for how to approach cybersecurity,” says Ami Dotan, Karamba Security’s CEO. “FASTR creates an environment that fosters collaboration and data exchange among the public and private sectors to drive toward a unified and global response to cyber hacks through the development of industry best practices, model response systems, protocols, vendor-neutral inputs to emerging standards and R&D resources.”
Relaxnews | February 10, 2017
FASTR has published a manifesto which should be seen as a call to action and an invitation to all to combine their expertise and offer open-source, neutral solutions to what is going to be a growing threat.
“FASTR creates an environment that fosters collaboration and data exchange among the public and private sectors to drive toward a unified and global response to cyber hacks through the development of industry best practices, model response systems, protocols, vendor-neutral inputs to emerging standards and R&D resources,” said Ami Dotan, Karamba Security CEO and FASTR member.
Gilbert Shar | February 8, 2017
FASTR today released a security manifesto. Formerly called “Automotive Security Review Board” and founded by Aeris, Intel Security and Uber in 2016, FASTR seeks to enable innovation in automotive security through industry-wide collaboration on the actionable applied and theoretical R&D needed now to drive systematic coordination of cybersecurity across the entire supply chain and ensure trust in the connected and autonomous vehicle of the future.
FASTR today also announced two new members: Karamba Security, which provides zero false positive autonomous cybersecurity solutions for connected and autonomous vehicles, and Rambus, which is dedicated to providing innovative automotive security solutions including tamper resistance and trusted provisioning services.
Tom Spring | February 8, 2017
Intel, Uber and IoT company Aeris have joined forces in an effort aimed at fostering industry cooperation when it comes to building safety features into autonomous vehicles and the systems that support them. Today the group, which goes by the name Future of Automotive Security Technology Research (FASTR), issued a manifesto explaining its intentions.
FASTR, formerly known as Automotive Security Review Board, was founded last year by charter members Aeris, Intel and Uber. Since then, the group has welcomed security firms Rambus and Karamba Security to its consortium. “We’d like to bring as many organizations into the fold as possible that represent the diverse technology underpinnings within the autonomous vehicle industry,” said Craig Hurst, executive director of FASTR and director, Industry Alliances and Marketing Transportation Solutions Division, at Intel.
Justin Lee | February 8, 2017
In recent years, a handful of organizations have emerged in the smart car and semi-autonomous vehicle space to draw attention to automotive cybersecurity best practices including Automotive Information Sharing and Analysis Center (Auto-ISAC), I Am The Cavalry and Future of Automotive Security Technology Research (FASTR).
FASTR — which comprises of Intel, Uber, Aeris, Rambus and Karamba Security — recently issued a manifesto that serves as a call to action to the autonomous vehicle industry to integrate security features, according to a report by Threat Post. “Autonomy promises to be one of the most significant safety mechanisms the world has ever built,” according to the manifesto. “But autonomy and security go hand in hand; autonomy and trust exist in equal measure.”
Techseen Bureau | January 20, 2017
According to a Gartner report released last year in November there were supposed to be 6.4 billion connected things in use worldwide, which is a 30% jump from 2015. It predicted that by the time we reach 2020 the world will be flooded by 20.8 billion connected things or IoT devices as 5.5 million new things will get connected every day. Let alone Internet of Things endpoint spending in the consumer sector which is predicted to reach $1,534 billion by 2020; the enterprise sector alone entailing cross industry and vertical specific will spend about $1477 billion on IoT by 2020. With an estimated 7.2 billion devices in 2020 in the enterprise sector and 13.5 billion in the consumer segment, standard PC security and anti-virus solutions will not be able to counter the challenges of cybersecurity threats on connected devices. Here is a list of companies that are currently providing security solutions and services for IoT and connected devices.
Karamba Security states that connected and autonomous cars can turn dangerous, as they may become targets for cyber attacks. Hackers can exploit external connectivity capabilities to take control of vehicles, endangering lives. Each car’s externally connected electronic control unit (ECU) represents a separate point of vulnerability to a cyber attack. If one ECU is compromised, it’s a gateway to every other ECU in the vehicle. To protect the lives of drivers, passengers and pedestrians, ECUs must be hardened against cyber attacks at all times. Karamba Security claims to offer Electronic Control Unit endpoint security to protect the connected car. The company hardens the connected Electronic Control Units within automobiles to protect them from cyber attacks and ensure the car’s safe, ongoing operations.
Laura Cassar | January 9, 2017
Eight years ago, Chris Thomas and a small team of entrepreneurs and business executives with a passion for automotive and technology founded Fontinalis Partners LLC. The Detroit-based venture capital firm was one of the world’s first focused on mobility, which is broadly defined as the intersection of autonomous and connected cars and infrastructure.
Ami Dotan, co-founder and CEO of Karamba Security, a Tel Aviv startup that offers cybersecurity solutions to the automotive industry, received a call from Fontinalis shortly after raising $2.5 million in seed funding last spring. Fontinalis asked Dotan to visit; Dotan said he wasn’t necessarily looking for an investment. But he was impressed with the knowledge that Fontinalis had to offer. “It was a great surprise for us,” said Dotan. “People make the difference. We want smart people around our table.”
Deanna Isaacs | January 6, 2017
The heavy- and light-duty trucking industries will benefit from the automated driving technologies rolling out of the 2017 Consumer Electronics Show this week in Las Vegas. Automated trucking innovators Peloton Technology and partner FEV North America Inc., a smart-vehicle technology business, are demonstrating so-called SAE Level 1 truck platooning technology, which allows tightly contained, digitally connected packs trucks to drive in formation to cut wind resistance and save fuel.
FEV, collaborated with Karamba Security, Infineon and GlobalSign for cyber security solutions. Karamba’s software combats malicious code and protects from external attacks, while Infineon and GlobalSign will bring security modules for enhanced authentication within the electronic control unit and AI computing systems.
CAN Newsletter Online| January 5, 2017
Karamba Security provides cyber-security solutions. In Las Vegas, the Israeli company demonstrated its software, which makes automotive ECUs secure against attacks of hackers.
The demonstration will take place during CES 2017 at FEV’s Bellagio Hotel suite. Karamba’s software enables electronic control units (ECUs) to autonomously protect themselves from hackers. Normally, attackers try to inject malicious messages designed to modify a vehicle’s behavior, either by a local or remote attack. The industry responded by trying to use network anomaly detection systems, also called Intrusion Detection Systems (IDS), that monitor the CAN communication to detect anomalous messages, which may indicate an on-going attack.
FEV North America, Inc.| January 3, 2017
As the number and variety of communication technologies employed in connected vehicles continues to grow, the risk of a security breach increases profoundly. FEV is a leader in the development and testing of electronics systems and subsystems, and has created a comprehensive suite of services that make it a “one-stop shop” for design, development, testing, and deployment of cyber security and ADAS solutions, among other connected/smart vehicle technologies. Some of these technologies will be demonstrated at the company’s suite at the Bellagio Hotel during the CES in Las Vegas, Jan. 5 – 8, 2017.
Technology to be exhibited at the company’s 2017 CES Suite at the Bellagio in Las Vegas includes a cyber security solution for electronic control modules with partner Karamba Security. This demo will showcase FEV’s Connected Vehicle Gateway (CVGW) module hardware operating with the unique Karamba Security (Karamba) cyber security software solution for protection from cyber attacks. Karamba is a provider of autonomous cybersecurity software for connected and autonomous vehicles. Karamba’s embedded software products automatically harden the electronic control units (ECUs) of connected and autonomous cars, preventing hackers from manipulating and compromising those ECUs and hacking into the car. The solution demonstrated in FEV’s suite will provide protection from arbitrary code execution during in-memory and external attacks. The FEV-Karamba solution locks down factory settings and prevents in-memory attacks, as well as offers incident response capabilities. Other in-car cyber security solutions can trigger false positives, putting driver safety at risk. The FEV-Karamba solution hardens the ECU against cyber attacks and is immune to false positives.
Abigail Klein Leichman | January 1, 2017
From medical devices to clean technologies, Israeli companies will unleash a host of unique products. Pioneering high-tech entrepreneur and investor Yossi Vardi tells ISRAEL21c that smart mobility solutions and drone technologies are two areas in which Israel will dominate this year.
Carmakers increasingly look to Israeli expertise to hack-proof their connected and autonomous vehicles. One of the newer players in this field is Karamba Security of Hod Hasharon, whose Carwall ECU security platform meets the goals set out in the US Department of Transportation’s guidelines for the safe deployment of autonomous cars.
Sarah Schmid Stevenson | December 28, 2016
Not so many years ago, self-driving cars seemed like little more than science fiction—a cool idea, but too difficult to translate into practical, everyday use. But as autonomous vehicles come closer to becoming a reality, the question is not if, it’s when. However, there are still a few major challenges to overcome before driverless cars hit the road, and security looms as one of the largest.
Karamba Security, an Ann Arbor, MI-based startup with an R&D office in Israel, has developed software to address the autonomous security problem. The company refers to its software as the industry’s first security software expressly for autonomous vehicles and it’s designed to prevent hackers from exploiting security gaps by locking down the code that makes a connected car run.
Megan Lampinen | December 13, 2016
Cyber security is quickly becoming a global concern among automotive players, but not all markets are the same. Israeli company Karamba Security is one start-up company that has been growing at breakneck pace.
Karamba’s software products suite hardens the electronic control units (ECUs) of connected and autonomous cars and IoT devices, preventing hackers from manipulating them. Based in Israel, it recently signed a deal to distribute its products in Japan through a cooperation with Japanese network security specialist Asgent. But Japan is an unusual case. Many industry watchers have warned that it is particularly vulnerable to cyber crime, partly because of the economy’s high reliance on the Internet. High-profile hacking of the Japan Pension Service and police departments have shone a spotlight on the situation.
YL Ventures | December 10, 2016
Israel has no indigenous auto industry, but the country’s startup community is serious about autonomous vehicles and is producing a whole host of technologies to help make self-driving cars ready for market, as the infographic above shows.
TowerSec, soon to be under Samsung’s wing, was one of the first companies in this space. They approached autonomous vehicle cybersecurity in an enterprise framework, adapting IDS/IPS (Intrusion Detection & Prevention Systems) technologies that protect IT networks. Newer players like Karamba Security seal ECUs according to their factory settings and block any intrusions or in-memory attacks that don’t comply with those settings.
CB Insights | December 6, 2016
As internet-connected hardware proliferates, there’s been a corresponding rise in cyber security threats, with malicious hackers using these new digital entry points to infiltrate and disrupt systems. In turn, startups focused on securing the Internet of Things (IoT) and the Industrial Internet of Things (IIoT) are emerging as important players in the cybersecurity industry.
We used the CB Insights database to identify 78 private companies at the intersection of cybersecurity and connected hardware, which includes: critical infrastructure, mobile phones, connected devices, enterprise endpoints (defined as laptop computers, desktop computers, servers, and mobile devices connected to an enterprise-network), and connected cars. Not all of the categories in our map are mutually exclusive.
Ken Briodagh | December 06, 2016
At a press conference held last week in Tokyo, Asgent, a Tokyo-based pioneer in network security and operations management solutions, announced that it has contracted with Karamba Security to introduce its Autonomous Security technology to the automotive and Internet of Things (IoT) markets in Japan.
“By reselling and distributing Karamba Security technology, Asgent is putting Japanese manufacturers at the leading edge of global efforts to protect vehicles and Internet of Things devices from cyberthreats,” said Takahiro Sugimoto, CEO and founder, Asgent. “Applications not only include the connected car but also smart home devices such as security systems and cameras monitoring a baby’s room to appliances and lighting. Each of these seemingly innocent devices could be turned into an attack vector if not properly protected. Asgent and Karamba take seriously the responsibility to save lives and preserve people’s safety.”
Cat Zakrzewski | November 28, 2016
Investors are betting recent developments in autonomous driving could upend the auto industry more in the next five years than in the decades since the Model T was introduced. Bill Ford is keeping his family’s name tied to innovation in the sector through Fontinalis Partners as technology companies increasingly go head-to-head with traditional auto manufacturers. The great-grandson of Henry Ford and executive chairman of Ford Motor Co. co-founded the Detroit venture-capital firm to invest in what the firm calls “the future of mobility.”
Today Fontinalis has made about 25 investments across road, rail, autonomy, security, marine, biking, infotainment and drones. One of Fontinalis’s more recent investments is Karamba Security LLC, a cybersecurity company focused on cars. Chief Executive Ami Dotan said the firm first approached Karamba in March, and it led a $2.5 million Series A round that was announced in September.
Kirsten Korosec | November 16, 2016
Ford doesn’t have its own venture capital arm. Instead the automaker is investing in RPM Ventures, an early stage venture capital firm based in Ann Arbor, and Fontinalis Partners, the Detroit-based VC co-founded by Ford executive chairman Bill Ford. A look at what startups RPM Ventures and Fontinalis Partners are backing as well as Ford’s more recent investments and partnership provides insight into what the automaker might target next.
Fontinalis is backing more than 20 startups, including the real-time traffic information and driver services company Inrix and NuTonomy, the autonomous vehicle software startup and MIT spinoff. Inrix is the same company that earlier this year acquired OpenCar, a software startup that built an in-car app platform that could challenge Apple’s CarPlay and Google’s Android Auto. NuTonomy launched a self-driving taxi service in Singapore earlier this year that the public—not just test engineers—can use. The company says it’s the first-ever public trial of a self-driving taxi service. Other Fontinalis-backed startups include Lyft, peer-to-peer car-sharing service Turo, Karamba Security, a company focused on protecting connected cars from cyber attacks, and Zendrive, which uses smartphone sensors to measure driver behavior.
Nanalyze | November 1, 2016
The recent DDoS attacks that were all over the news turned out to be caused by amateur hackers that used Internet of Things (IoT) devices to attack a company that provided key services to many popular websites. We talked about DDoS protection software as a possible solution but the real problem is that there are many unsecured IoT devices and we need a bigger focus on IoT security.
Founded in 2015, Israeli based startup Karamba Security just closed their Series A funding round of $5 million to develop an IoT Security solution called “Carwall” that targets the Electronic Control Units (ECUs) within automobiles and ensures that all cars are protected (not just autonomous cars). Vehicle software consists of tens of millions of lines of code and this domain is ripe for abuse. Since emerging out of stealth mode in April of this year, they have completed technology proof of concepts with several industry Tier-1 providers.
Katie Burke | October 17, 2016
Emerging hacking threats have created a cybersecurity market that is expected to “grow exponentially” in the next seven years and could hit $759 million in revenue by 2023, according to IHS Markit. Several companies, many based in Israel and launched by former military cyber defense experts, have emerged as demand for security services has risen. About 112 million vehicles on the road globally are connected, making them vulnerable to cyberattacks risking driver safety and privacy.
Karamba Security focuses on providing “deterministic” security, meaning that once its technology is embedded in a vehicle, no additional monitoring or updates will be needed.Though the automotive industry typically has moved slowly on new technology, Karamba Chairman David Barzilai said cybersecurity is one area where companies will be forced to move fast or face losing customers. “If manufacturers aren’t secure, their customers won’t trust them,” he said.
Xavier Boucherat | October 11, 2016
Karamba Security suggests the ‘enterprise’ approach to cyber security may not be suitable for cars, particularly with passenger lives on the line.
IHS Automotive | October 3, 2016
Company raised similar amount in seed funding in April this year.
Israel-based start-up Karamba Security raised USD2.5 million in Series A funding, the company said in a press release last week. The latest round of funding was led by the US-based venture capital firm Frontnalis Partners, with participation from the company’s existing investors YL Ventures and GlenRock.
ITS International | October 1, 2016
Karamba Security has launched autonomous security for connected and autonomous vehicles, which enables their electronic control units (ECUs) to protect themselves from hackers. This extension to the company’s Carwall ECU security platform enables automotive technology providers to achieve the goals set out in the US Department of Transportation’s guidelines for the safe deployment of autonomous cars.
Tom Henderson | September 30, 2016
Detroit-based Fontinalis Partners LLC has led an investment of $2.5 million in Karamba Security, a company based in Hod Hasharon, Israel, that makes cybersecurity solutions for connected and autonomous vehicles.
“We’re delighted to have Fontinalis Partners as our newest investor,” said Ami Dotan, Karamba Security’s CEO and co-founder, in a press release. “As a fund dedicated to next-generation mobility solutions, they’ve seen every cybersecurity solution out there. Their investment in Karamba Security is a testament to our solutions.”
John Leyden | September 30, 2016
Israeli car security startup Karamba Security has banked $2.5m in fresh investment, which it plans to use to extend its technology to autonomous vehicles. The tech will be geared towards protecting engine control units (ECUs) in robot cars from hackers and malware infections.
David Barzilai, chairman and co-founder at Karamba Security, told El Reg that the design of autonomous cars offers hackers even more ways to hack vehicles. “There is one interesting difference between autonomous cars and other cars, from [a] hacker’s point of view: To enable full autonomy, a car should have more externally connected electronic control units vs connected cars.”
Sean Michael Kerner | September 29, 2016
Vehicle security vendor Karamba Security today announced new features for autonomous car security as well as a new $2.5 million round of funding.
Total funding to date for Karamba now stands at $5 million from investors including Fontinalis Partners, YL Ventures and GlenRock.
September 29, 2016
Fontinalis Partners led the USD2.5 million round, with participation from existing investors YL Ventures and GlenRock.
September 29, 2016
Karamba Security, a company that develops industry-leading autonomous cybersecurity solutions for connected and autonomous vehicles, has secured an investment from Fontinalis Partners, a firm solely focused on investing in and scaling technology companies that are advancing next-generation mobility solutions. Fontinalis Partners led the $2.5 million round, with participation from existing investors YL Ventures and GlenRock.
Brandon Lewis | September 29, 2016
HOD HASHARON, ISRAEL and DETROIT, MI. Karamba Security has announced Autonomous Security for connected and autonomous vehicles, an extension of its Carwall electronic control unit (ECU) security platform that enables the ECUs of any car to automatically lock down and reset to factory settings in the presence of cyber threats or malicious code. The Carwall Autonomous Security suite also introduces in-memory protection capability for ECUs to defend against memory-based attacks such as buffer overrun and return-oriented programming.
Sharmistha Mukherjee | September 29, 2016
Karamba Security, an autonomous cybersecurity solutions provider today announced Autonomous Security for connected and autonomous vehicles. The solution is designed to empower the electronic control units (ECUs) of connected cars to protect them from hackers.
The company claims that Autonomous Security is an extension of its Carwall ECU security platform, that enables automotive technology providers to achieve the goals set out in the U.S. Department of Transportation’s guidelines for the safe deployment of autonomous cars.
Iris Dorbian | September 29, 2016
Michigan and Israeli-based Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles, has raised $2.5 million in funding. Fontinalis Partners led the round with participation from return backers YL Ventures and GlenRock. In addition to the funding, Chris Thomas, a founder and partner at Fontinalis Partners, has been added to Karamba’s board.
Lora Kolodny | September 29, 2016
A cybersecurity startup based in Hod Hasharon, Israel, Karamba Security, has raised $2.5 million in new Series A funding to protect internet-connected cars and self-driving vehicles from hackers.
Fontinalis Partners, a venture firm that is focused on mobility and transportation-related technologies, led the investment joined by Karamba’s earlier seed backers YL Ventures and GlenRock.
Karamba has also released an extension to its “autonomous security” product suite.
September 29, 2016
Karamba Security, an Ann Arbor, Michigan-based developer of autonomous cybersecurity solutions for connected and autonomous vehicles, secured $2.5m in funding round.
The round was led by Fontinalis Partners with participation from existing investors YL Ventures and GlenRock. In conjunction with the funding, Chris Thomas, a founder and partner at Fontinalis Partners, will join Karamba’s board.
The company intends to use the funds to continue to develop the platform.
Stacey Jeffrey | September 29, 2016
Karamba Security announced Autonomous Security for connected and autonomous vehicles, which empowers their electronic control units (ECUs) to protect themselves from hackers. Autonomous Security, an extension to the company’s Carwall ECU security platform, enables automotive technology providers to achieve the goals set out in the U.S. Department of Transportation’s guidelines for the safe deployment of autonomous cars.
Dan Primack | September 29, 2016
Karamba Security, an Israel-based developer of cybersecurity solutions for connected and autonomous vehicles, has raised $2.5 million in new VC funding. Fontinalis Partners led the round, and was joined by return backers GlenRock and YL Ventures.
Wayne Duggan | September 29, 2016
Israeli automotive security company Karamba Security has announced the launch of Autonomous Security, a major edition to the company’s current Carwall electronic control unit (ECU) auto security platform. Karamba’s Autonomous Security will be aimed at helping auto technology companies meet the autonomous vehicle safety goals laid out by the Department of Transportation.
Julien Happich | September 29, 2016
Autonomous Security is an extension to the company’s Carwall ECU security platform, enabling automotive technology providers to achieve the goals set out in the U.S. Department of Transportation’s guidelines for the safe deployment of autonomous cars. Cyberattacks can only infiltrate a car by compromising the externally-connected ECUs controlling infotainment, navigation and OBDII telematics dongles, for example. Karamba Security’s Autonomous Security technology allows any car’s ECU to protect itself from this threat by automatically locking it down to the ECU’s factory settings. The ECU then blocks operations that aren’t part of its factory settings, with a negligible performance impact, which prevents hackers from accessing the car’s safety systems and commandeering them. This deterministic decision is made locally on the ECU. Autonomous Security doesn’t require the ECU to be connected to protect itself, nor does it need anti-malware updates.
Emma Klug | September 29, 2016
With participation from existing investors YL Ventures and GlenRock, Fontinalis Partners, a Detroit-based capital venture firm, led a $2.5 million strategic investment round in Karamba Security, an Ann Arbor-based company that provides cyber security services for connected and autonomous vehicles.
Michael Martinez | September 29, 2016
Romulus — Fontinalis Partners LLC, the venture capital firm founded by Bill Ford Jr., announced Thursday an investment in an Israel-based company that develops cybersecurity systems for connected and autonomous vehicles.
Karamba Security, headquartered in Hod Hasharon, Israel, said Fontinalis led its latest $2.5 million round of funding, which also included existing investors YL Ventures and GlenRock.
September 29, 2016
Israeli startup Karamba Security, which develops cybersecurity solutions for connected and autonomous vehicles, has closed a $2.5 million financing round. The investmenmt was led by Fontinalis Partners with participation from existing investors YL Ventures and GlenRock.
Lucas Mearian | September 29, 2016
Israeli startup Karamba Security today announced a new product for securing the electronic control units (ECUs) of connected and self-driving vehicles that it said could have prevented a recent Tesla hack.
Karamba’s Carwall software uses a vehicle’s factory software settings to discover noncompliant code in a car’s ECUs and automatically creates security policies in real time to block the code.
Tara Seals | September 21, 2016
In its most comprehensive statement yet on autonomous vehicles, the US Department of Transportation has issued a 15-point set of federal safety assessment guidelines covering issues like cybersecurity, black box recordings and how a vehicle would deal with potential ethical conundrums.
The move is timely: Navigant Research projects that by 2020, 25% of shipped cars will support different levels of autonomy, growing to 44% of all shipped cars in 2025. “These levels, established by the NHTSA and SAE, range from braking and acceleration to auto sensing cars and changing lanes to complete autonomy with the car controlling all safety-critical functions through the entire trip,” said David Barzilai, Karamba Security chairman and co-founder, via email.
Help Net Security | September 21, 2016
The policy sets a proactive approach to providing safety assurance and facilitating innovation through four key parts. Vehicle performance guidance uses a 15-point Safety Assessment to set clear expectations for manufacturers developing and deploying automated vehicle technologies. Model state policy delineates the Federal and State roles for the regulation of highly automated vehicle technologies as part of an effort to build a consistent national framework of laws to govern self-driving vehicles.
David Barzilai, Karamba Security chairman and co-founder, believes that the DOT guidelines for self-driving cars are timely. “Navigant Research projects that by 2020, 25% of shipped cars will support different levels of autonomy, growing to 44% of all shipped cars in 2025. These levels, established by the NHTSA and SAE (Society of Automotive Engineers), range from braking and acceleration to auto sensing cars and changing lanes to complete autonomy with the car controlling all safety-critical functions through the entire trip,” he noted.
JONATHAN M. GITLIN | September 21, 2016
On Monday, the National Highway Transportation Safety Agency published its long-awaited Federal Automated Vehicles Policy. NHTSA is the part of the US government responsible for regulating the vehicles we drive, and it’s broadly in favor of self-driving technology given the potential to reduce the death toll on the nation’s roads. That toll, by the way, nudged above 35,000 in 2015 (up almost 8 percent on the previous year). The new document includes both a performance guidance (as opposed to regulation) for automated vehicles as well as a model policy for individual states to follow. As is the case with new federal government policies, the document is open for public comment for the next 60 days.
The focus on cybersecurity went down well with David Barzilai, chairman of Karamba Security. “It is not a simple task, but it is absolutely critical, as preventing the attack is even more important than detecting the attack,” he said in a statement. “The industry must stop hackers before they ever succeed to penetrate into cars due to the sheer scale of fatalities and property damage that could result from cyberattacks on cars.”
Tim Starks | September 21, 2016
HERE IN MY CAR, I FEEL SAFEST OF ALL — A major auto manufacturer is cautiously optimistic about new Transportation Department cybersecurity recommendations on self-driving vehicles released Tuesday. “We’re still going through the nitty-gritty details,” said Andy York, executive director of federal affairs for GM, but “generally speaking we see that as a very positive development.” The newly released guidance suggests that companies disclose vulnerabilities as quickly as possible. One key element, York said, is that it recommends that states — several of which are contemplating legislation on autonomous vehicles — stay away from regulating safety and technology. “We think that will be useful in providing some uniformity across states,” said York, speaking Tuesday at an event hosted by Center Forward, a nonprofit organization that seeks centrist solutions to policy debates. York also commended the Obama administration for consulting with industry in developing the guidance.
Security experts praised DOT for emphasizing a focus on security from the start of the automotive-design process. “The DOT guidelines indicate the need for cybersecurity best practices and call upon industry technology companies and the car manufacturers to share knowledge and create them,” David Barzilai, chairman and co-founder of car-security firm Karamba, said in a statement. “DOT expects such best practices to be embedded in the designs of the autonomous cars.”
Robert Abel | September 20, 2016
For the first time ever, researchers claimed they were able to crack into Tesla’s CAN Bus to achieve remote control of the electric car, meanwhile the U.S. Department of Transportation (DoT) issued new policy concerning automated vehicles. Keen Security Lab researchers discovered multiple security vulnerabilities in Tesla firmware which allowed them to open the sunroof, turn on the blinkers, move the seat, hack into the center counsel display screen and dashboard display, open doors without a key, control windshield wipers, fold side mirrors, open the trunk, and engage braking system, according to a Sept. 19 YouTube video demonstration of the attacks.
The DoT guidelines indicate the need for cybersecurity best practices and call upon industry technology companies and the car manufacturers to share knowledge and create them, Karamba Security Chairman and Co-founder David Barzilai told SCMagazine.com via emailed comments. Barzilai said the DoT expects that best practices should be embedded in the designs of the autonomous cars and that leading car companies and providers have already started to create internal methods for hardening cars against hackers.
ITS International | September 13, 2016
Karamba Security’s Carwall software is said to prevent ‘mass hacks’ of vehicles’ on-board systems including those for connected and autonomous driving. Carwall sits in the vehicle ECUs and ‘learns’ the factory settings. If hackers breach the manufacturer’s cyber security and tries to infect the ECUs of in-service vehicles, Karamba’s software detects the impending change to factory settings and blocks activation.
David Barzilai, the company’s chairman and co-founder, said with tens of millions of lines of code in car software, it is impossible to guarantee all security bugs are eliminated. Carwall does not stop a hacker exploiting a security bug to transmit malware to a vehicle’s ECUs but it does prevent that malware being activated.
Sam Sheehan | September 12, 2016
Autonomous cars will provide hackers with hundreds of thousands of security risks to take advantage of because of the masses of code needed to run their systems.
According to David Barzilai, founder and chairman of coding expert Karamba Security, the first truly autonomous vehicles will run using hundreds of millions of lines of code. This will leave hackers with masses of vulnerable software that can be hacked into in order to take control. Barzilai explained that current top-end luxury vehicles with partial autonomous technology, such as the BMW 7 Series and Volvo XC90, already have about one hundred million lines of code. As this technology advances, so too will the number of opportunities for hackers and criminals to break into digital systems.
John P. Mello Jr. | August 26, 2016
While the IPO market for information security companies has been fallow in recent months, startups continue to attract cash. Sure, there’s plenty of hype—there always is—but there are some interesting ideas out there, too, ideas that can help slow the daily tattoo of bad news about data breaches and ransomware jackpots for hackers. Here is a baker’s dozen of cybersecurity startups worth paying attention to by following them on Twitter.
As more and more automobiles jack into the Internet, the potential for hackers to hijack a vehicle through its internal computer systems continues to increase. Karamba Security, recently picked by Forbes Israel as one of that nation’s top 10 most promising cybersecurity companies, has an offering that “hardens” a vehicle’s electronic control unit (ECU) from external attacks. The ECU is used by vehicles for communication with external sources of data, such as the Internet, Wi-Fi networks, and Bluetooth devices. With Karamba, which recently received $2.5 million in seed funding from YL Ventures and private investment company GlenRock, an automaker can embed in the ECU detection and enforcement capabilities to ensure that only permitted code and function calls are run on the unit. Karamba also blocks foreign code from executing on the ECU as well as in-memory attacks—all without any false alarms.
Junko Yoshida | August 25, 2016
MADISON, Wis. — Thanks to the Jeep hack that led to Chrysler’s recall of 1.4 million vehicles last year, car OEMs today see automotive cybersecurity as a real-world problem that could ravage their bottom line. This change in perception, compared with just a year ago, is seismic. Their subsequent cry for help has fueled a mad dash among a slew of startups such as Argus Cyber Security, Karamba Security and VisualThreats, all of them pitching automotive cybersecurity technology solutions.
Joe Finnerty | August 16, 2016
Car hacking has never been more of a problem, with a heap of electronics loaded on to vehicles making it easier for criminals to tamper with internal computers. David Barzilai, executive chairman of Karamba Security, said he hears of another case “every couple of weeks”. He added: “The Jeep Cherokee incident [where researchers hacked the vehicle, controlling everything up to the accelerator] made people aware it can be done.” An FBI warning in March advised users to keep up with service schedules for fixes, too. Getting inside a car’s ECU is as easy as loading a virus CD. New research presented at the USENIX security conference this week revealed that there is a critical weakness in vehicles that could enable an attacker to unlock and start a car remotely. The research was conducted by computer science researchers at the University of Birmingham in the United Kingdom.
Sean Michael Kerner | August 12, 2016
One hundred million Volkswagen vehicles are allegedly at risk after researchers reveal weaknesses in wireless key security, but those aren’t the only vehicles at risk. New research presented at the USENIX security conference this week revealed that there is a critical weakness in vehicles that could enable an attacker to unlock and start a car remotely. The research was conducted by computer science researchers at the University of Birmingham in the United Kingdom.
Kacy Zurkus | August 11, 2016
Once again automotive cybersecurity researchers Charlie Miller and Chris Valasek hacked into a Jeep Cherokee and showed that they can take control of the car steering wheel and brakes— but this time at high speeds, not low speeds (self-parking mode) as they did in July 2015. This year’s Black Hat conference also offered a “Car Hacking–Hands on” training with Robert Leale, founder of CanBusHack. For a few years, the auto industry has been under fire, motivating manufacturers to focus more on security. That’s one reason why connected car vulnerabilities has been a notable event at major conferences. In its endeavors to build stronger security, the industry at large has invested extensive resources into researching and educating practitioners.
Megan Lampinen | July 20, 2016
FCA US has become the latest vehicle manufacturer to announce a public bug bounty programme, following in the footsteps of Tesla and General Motors. These programmes offer outside computer researchers the opportunity to search for cyber security vulnerabilities, usually for a reward. Some industry players believe that bug bounties by themselves won’t provide sufficient protection from malware. “Bug bounties are not enough,” said Karamba Security CoFounder David Barzilai. Karamba approaches cyber protection from a different angle. Its Carwall solution doesn’t promise to eradicate software bugs but it does promise that bug cannot be exploited. An automated security solution for engine control units (ECUs), it integrates into a specific software development environment and automatically seals the software against cyber attacks.
Jonathan M. Gitlin | July 14, 2016
As we have seen in the past couple of years, car hacking is becoming an ever-greater threat. Many of the systems in our vehicles—and the standards to which they were designed—predate the connected car era. And so computerized vehicle systems lack some of the basic kinds of security that we would otherwise expect as default given the ramifications of a hack. The car-hacking problem gained widespread attention in July 2015, when hackers revealed that 1.4 million Chrysler and Dodge vehicles were vulnerable to an exploit—via the car’s infotainment system—that could allow a malicious hacker to take over control of the vehicles’ throttle, brakes, and even steering.
Bob O’Donnell | June 28, 2016
The growing interest in smart and connected cars is getting tangible, both for car buyers and car makers, just as they get more complicated — a lot more complicated. In fact, to really appreciate both the value of the car-related technologies that are being offered now, as well as what’s possible in the not-to-distant future, it helps to have a basic understanding of how modern cars function.
Robert Siciliano CSP | June 24, 2016
If your car is in any way connected to the Internet, it can get hacked into. You know it’s only a matter of time before hackers begin infiltrating motor vehicles in droves, being that vehicles are plagued with hundreds to thousands of security vulnerabilities.
Guy Finkelstein | June 14, 2016
Karamba Security has been selected by Forbes Israel as one of Israel’s Top 10 Most Promising Cybersecurity Companies — a distinction made even more significant in a nation with more cyber companies per capita than anywhere in the world, and having only exited stealth two months earlier, in April 2016. Karamba enables car companies and Tier 1 system providers to protect their connected automobiles from cyberthreats by hardening Electronic Control Units (ECUs) that are open to external access (via the internet, Wi-Fi, Bluetooth, etc.), so they can’t be used by hackers to infiltrate the car’s network and launch attacks.
Tom Austin-Morgan | June 10, 2016
Karamba Security has released Carwall, in-car security software that automatically secures connected cars against cyberattacks. Carwall software keeps connected cars safe by sealing the car’s controller software, so it can immediately detect and prevent cyberattacks from exploiting the car controller’s software security vulnerabilities.
Lucas Mearian | June 9, 2016
A modern car has dozens of computers with as much as 100 million lines of code – and for every 1,000 lines there are as many as 15 bugs that are potential doors for would-be hackers.
With vehicles becoming more automated and connected to the Internet, to other cars and even roadway infrastructure, the number of potential intrusion points is growing exponentially, according to Navigant Research.
Techseen Bureau | June 9, 2016
Karamba Security, that provides electronic control unit (ECU) endpoint security to protect the connected car has launched Carwall, an in-car security software that automatically secures connected cars against cyber-attacks. Announced at the TU Automotive Detroit Conference and Exhibition this year, Carwall keeps connected cars safe by sealing the car’s controller software, so it can immediately detect and prevent cyber-attackers from exploiting the car controller’s software security bugs.
Paul | June 8, 2016
Cyber attacks on automobiles are all-but-unknown, but that isn’t stopping a slew of established technology firms and venture-funded start-ups from betting that security tools that make connected vehicles safe from hacking is the market to be in.
Peter Brown | June 7, 2016
Karamba Security has introduced its Carwall in-security software platform targeted at keeping vehicles safe from cyberattacks looking to exploit security bugs inside a connected car.
Eduard Kovacs | June 6, 2016
Researchers from UK-based penetration testing and security services firm Pen Test Partners discovered that the mobile applications for the Mitsubishi Outlander plug-in hybrid electric vehicle (PHEV) are plagued by vulnerabilities that can be exploited by hackers to remotely control some of the car’s features.
David Barzilai | June 4, 2016
Have you ever watched a thrilling movie scene, where fear grips a driver who realizes he’s no longer in control of his car, but rather in the clutches of some far-off villain who has taken over? Ever wonder if it could actually happen? It turns out that with today’s connected cars, it’s not just a far-fetched plot dreamed up by an imaginative screenwriter, but a real possibility.
Alexandria Sage and Julia Love | May 13, 2016
Apple Inc’s (AAPL.O) $1 billion investment in Chinese ride sharing company Didi Chuxing intensifies a race to acquire technology, talent and market access in a rapidly evolving global personal transportation market.
Uzair Amir | April 13, 2016
The Internet has invaded most of the things in our world and its scope is broadening day by day. This time, it is our vehicles that will be receiving a digital boost.
BI Intelligence | April 12, 2016
Israeli startup Karamba Security unveiled a security system for connected cars this past week, along with announcing $2.5 million in funding from capital venture firms. The system helps ensure that hackers can’t run malicious code on connected car systems like infotainment systems, GPS tracking devices, and roadside assistance programs like OnStar, according to cnbc.
David Braue (CSO Online) | April 11, 2016
Security is still seen as the biggest obstacle to embracing hybrid cloud environments as concerns over skills and resources surfaced in a recent survey. Little wonder, since security issues can affect anything — whether it’s the massive Panama Papers data leak or even hacked routers and PABX systems, the latest victims in a series of attacks over the Easter long weekend.
The Internet of Things (IoT), in particular, has been maligned for its potential security risks. HP, among others, has been working to tighten up controls on unmanaged printers while startup Karamba Security is focused on securing the internals of car control systems.
Dom Nicastro | April 11, 2016
Connected cars are potential game-changers for the automotive industry. But what happens if a hacker penetrates a car powered by Internet of Things (IoT) technology?
Attackers can infiltrate and take control over car systems, even killing a car’s engine as it drives. Tel Aviv-based Karamba Security came out of stealth mode to jump on the opportunity to block these types of hackers. It launched its in-car security platform.
Lucian Constantin | April 8, 2016
Vlad Tverdohleb | April 8, 2016
William Hoffman | April 8, 2016
April 8, 2016
Linda Musthaler | April 8, 2016
Julien Happich | April 8, 2016
Gabriel Avner | April 7, 2016
Israel-based Karamba Security announced on Thursday that they have closed their seed stage funding round with $2.5 million in new financing. Investors from this round were cyber security-focused YL Ventures and GlenRock, Leon Recanati’s private equity investment firm.
The company was co-founded in 2015 by Chairman David Barzilai, CEO Ami Dotan, CTO Assaf Harel, and VP R&D Tal Ben David. The team is a mix of hardcore security and business, with backgrounds in companies like Check Point, Rafael, Jinko Solar, and Voltaire just to name a few.
Karamba aims to tackle a new angle in the field of automotive cyber security. As cars become more connected with systems like GPS, multimedia, telecommunications and others, they have been found to be vulnerable to hackers.
Martin Bryant | April 7, 2016
As our cars become increasingly connected to the internet, and eventually drive themselves, we’re going to want them to be rock-solid secure. The recent Chrysler exploit and FBI warning both highlighted just how vulnerable our vehicles can be to malicious hackers.
Lucian Constantin | April 7, 2016
Modern cars contain tens of specialized computers that control everything from infotainment functions to steering and brakes. The pressing need to protect these computers from hackers will likely open up a new market for car-related software security products.
Autumn Foster | April 7, 2016
Ari Levy | April 7, 2016
Few things are more frightening than the image of an evil genius hacking into a connected car, taking control of the steering wheel and remotely stepping on the gas.
And yet with automobiles increasingly morphing into speeding 2-ton computers, the threat is very real. In July, two hackers proved to Wired Magazine they could break into a 2014 Jeep Cherokee while it was on the highway. That led Jeep parent Chrysler to recall 1.4 million Jeep, Dodge, Ram and Chrysler brand vehicles.
Ulrich Hottelet | April 7, 2016
Ben Miller | April 7, 2016
If hackers infiltrate a government database, they might take somebody’s Social Security number. If they were to infiltrate a self-driving car, they might take a person’s life.
That idea is still very much an obstacle in the way of autonomous vehicles, even as manufacturers boast of improving technology and four-year deployment deadlines. It’s the subject of a legislative push in Congress, and it was a big sticking point in March when a Senate committee met with companies trying to develop self-driving cars.
Laura Hautala | April 7, 2016
A hack that crashes your software is bad enough. A hack that crashes your car takes it to a whole new level.
David Barzilai and Karamba, his Israel-based cybersecurity company, want to prevent that scenario from playing out at any speed. So he’s selling a tool that installs antihacking technology into chip-bearing auto parts before they hit the assembly line.
“If indeed we are successful – if all hacks are blocked – then [you] don’t have to worry,” said Barzilai, who is executive chairman and a co-founder of Karamba.
John Leyden | April 7, 2016
Car security startup Karamba Security has emerged from stealth with $2.5m in funding and a plan to revamp in-car security.
Karamba has developed a technology that hardens the externally-facing electronic control unit (ECU) of cars in order to defend against hack attacks. The software is designed to protect a car’s externally connected components, identifying attack attempts and blocking exploits from infiltrating the vehicle’s network via the internet, Wi-Fi, Bluetooth or other connections.
Steven Loeb | April 7, 2016
Cars are becoming more connected, with Internet, connections to cell networks, Bluetooth, and WiFi. On top of that, you have the driverless car, which is coming closer and closer to being a reality. According to Gartner, within four years there will be a quarter of a billion connected cars.
Chinmay Bidkar | April 7, 2016
Lora Kolodny | April 7, 2016
GPS navigation. Entertainment systems that offer streaming music. Bluetooth door locks. As vehicles are increasingly connected to the internet, they also become vulnerable to hacker attacks.
Now, a Tel Aviv-based startup called Karamba Security has raised $2.5 million in seed funding to bring cybersecurity solutions to the automotive industry.
According to Karamba co-founder David Barzilai, the startup’s technology can head off hackers at the pass by “hardening” the controllers, or small computers, within a vehicle that are externally-connected.
Eduard Kovacs | April 7, 2016
April 7, 2016
DETROIT & TEL AVIV, Israel April 7, 2016; Karamba Security announced today that it is coming out of stealth mode to launch its unique approach to in-car security.
BCNET STAFF | April 7, 2016
Idan Rabi | April 7, 2016
The vision of an automatic car is becoming a reality. Google employees in Silicon Valley can already send their kids to kindergarten in a driver-less car. Because of regulatory requirements, a person sits in the driver’s seat, but he does not actually touch the wheel or the brakes; he is there merely as backup.
The change in the auto market, which is part of the Internet of Things (IoT) revolution, is making cars smart. New cars are equipped with dozens of small computers, and are connected to the Internet in order to receive information.
