Press Releases

ST Engineering and SafeRide Technologies Announce Strategic Partnership to Protect Connected and Autonomous Vehicles from Cyberattack

19 June 2018

Singapore and Tel Aviv , Israel, Jun 19, 2018 - ST Engineering, a global technology, defense and engineering group, and SafeRide Technologies, a specialist in automotive cybersecurity offering anomaly uncovering and cyber threat prevention for connected and autonomous vehicles, announced today a strategic partnership that will integrate SafeRide’s software cybersecurity suite, vSentry™ with ST Engineering’s Connected Electric Vehicles and Autonomous Vehicles (AV) platforms.

“Cybersecurity is one of the core capabilities that we are delivering in our products and solutions. With the rapid advances in vehicle technology, the need to safeguard the integrity and security of the systems becomes more urgent,” said Lee Shiang Long, President of ST Engineering’s Land Systems arm. “The multi-layer protection that SafeRide offers provides a comprehensive cybersecurity suite for ensuring that our next generation vehicles are safe from cyber threats.”

This on-board cybersecurity capability will integrate with ST Engineering’s in-house cybersecurity capabilities such as wireless connectivity and software applications to provide a robust solution to diagnose and eliminate potential cyber vulnerabilities of the Group’s connected and autonomous vehicles.

SafeRide’s vSentry™, is a multidisciplinary cybersecurity solution that combines a multi-layer deterministic, zero false-positive, security engine with a unique Artificial Intelligence (AI) based anomaly uncovering and response engine for future-proof protection against known and unknown threats and anomalies. Offering multiple layers of protection, the holistic security suite protects the vehicle connectivity channels, connected application software and the in-vehicle network, to enable safety and protection of digital assets.

“We feel privileged that ST Engineering, a leader in advancing autonomous bus solutions, has chosen us as a partner for its next generation AV platforms, and feel excited about the opportunities ahead,” said Yossi Vardi, SafeRide CEO and Co-Founder. “The robust security and value-added services that SafeRide’s solution enables are key for supporting the AV projects as well as other leading industry innovations that ST Engineering drives.”

In early June 2018, ST Engineering started on-road testing of its autonomous mobility-on-demand vehicle in Singapore’s resort island, Sentosa. It has combined a variety of technologies such as radar, lidars, GPS, odometry, and computer vision, to transform a 6.8-metre electric bus into one that is capable of sensing its environment and navigating without human input. The advanced control systems interpret fused sensory information and identify appropriate navigation paths, as well as obstacles and relevant signage.

ST Engineering is a global technology, defense and engineering group specialising in the aerospace, electronics, land systems and marine sectors. The Group employs about 22,000 people across offices in Asia, the Americas, Europe and the Middle East, serving customers in more than 100 countries. Its employees bring innovation and technology together to create smart engineering solutions for customers in the defence, government and commercial segments. Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in FY2017 and it ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore and the SGX Sustainability Leaders Index.

The Land Systems arm of ST Engineering offers advanced and customised land systems and security solutions that are proven to meet the stringent operational requirements of its customers. We design, manufacture and distribute armoured, autonomous and speciality vehicles, munitions and weapons, as well as robotics and unmanned systems.

For more information please visit www.stengg.com.

SafeRide is the leading provider of anomaly uncovering and cyber threat prevention solution for connected and autonomous vehicles. In addition to conventional threat detection and prevention, the company’s unique software uses an AI machine-learning and deep learning framework to analyze the untapped ocean of hints that lie in seemingly disconnected sources of in-vehicle data, to uncover unknown anomalies, threats and insights systematically, and at scale.

SafeRide provides automotive vendors including Engineering, OEMs and Tier-1 Suppliers with the means to lead the connected vehicle revolution and the freedom to develop differentiated vehicle value-add applications with complete peace of mind. For more information, visit www.saferide.io.

For media enquiries, please contact:

ST Engineering

Letticia Fong

AVP, Corporate Communications

T: (65) 6722 1881

E: letticiafong@stengg.com

SafeRide

Rachel Glaser

GK for SafeRide

T: (972) 54-250-9439

E: rachel@gkpr.com

This Press Release originates from a third party not associated with IHS Janes. Any comments, opinions and discussions by any third parties are not the views of IHS Janes and as such IHS Janes cannot accept responsibility or liability for the content of this Press Release. IHS Janes grants no rights to reproduce or use this content in any manner whatsoever. For more information on how your company can become part of this service please e-mail PressReleasesServices@ihsmarkit.com.





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