Market Overview

Trend Micro and Luxoft Partner to Secure Vehicles and Mobility Services Against Cyber-attacks

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Industry leaders to introduce a comprehensive cybersecurity solution

Trend
Micro Incorporated
(TYO:
4704
; TSE:
4704
), a global leader in cybersecurity solutions, today announced a
strategic partnership with Luxoft
Holding, Inc.
(NYSE:
LXFT
), a global digital strategy and engineering firm. The two
companies will jointly introduce and deploy the Intrusion Detection
System (IDS) and Intrusion Prevention Systems (IPS), a comprehensive
cybersecurity solution designed to detect, mitigate and respond to
cyber-attacks on connected cars.

The automotive industry is rapidly evolving. In fact, Gartner estimates
that by 2025 more than 1.1 billion connected consumer and commercial
vehicles will be on the roads.1 Connected cars and mobility
services offer a wealth of new opportunities, but with the introduction
of always-on connectivity and on-demand services, new cybersecurity
threats leave carmakers vulnerable to attack. Trend Micro continues to
see increased interest from cybercriminals in attacking connected
devices – and cars will be no exception.

"We're delighted to be joining forces with Luxoft to tackle the growing
challenge of securing connected cars," said Akihiko Omikawa, executive
vice president for IoT security at Trend Micro. "Connected devices of
all kinds must be secured from the beginning, and this solution will
allow car makers to build in the necessary mitigations to block cyber
threats. By combining Luxoft's automotive capabilities and expertise
with Trend Micro's leading expertise in cybersecurity, we will be able
to tackle the new challenges brought by the digitalization of in-car
systems."

The upcoming IDPS solution developed specifically for cars, will be
enhanced with machine learning techniques to identify anomalies in
communication, behavior and the state of components. The machine
learning will be fed by data collected from advanced detection
mechanisms from the in-car technology. In addition, the solution will
provide car manufacturers' insights from Trend Micro's global threat
intelligence, with information on threats, vulnerabilities and
remediation from the company's expansive global data set. The IDPS will
include a data collection and detection engine, offering another level
of protection against intrusion for in-car systems.

"The automotive industry is undergoing a massive technological
transformation in connectivity and connected mobility. As a result, the
risk of a cyber-attack on a vehicle that's connected to a cloud or
mobility services platform is a major concern," said Alwin Bakkenes,
Executive Vice President of Automotive at Luxoft. "Our partnership with
Trend Micro will provide a comprehensive cybersecurity solution for
connected cars and mobility use cases, keeping vehicles safe and
protected, while enabling for trusted and secured mobility in the
connected car."

Key features of the IDPS solution include:

  • Securing vehicle-to-everything (V2X) communication, both physical and
    remote
  • Protecting cloud and mobility services, including over-the-air updates
    and asset management
  • Establishing secure operation of car components, like Electronic
    Control Units (ECUs), actuators, sensors, etc.
  • Providing sustainable cybersecurity protection level via continuous
    threat research and proactive control mechanisms.

To find out more about Trend Micro's IoT security solutions, please
visit: https://www.trendmicro.com/us/iot-security.
For more information on Luxoft's Automotive solutions please visit: https://www.luxoft.com/automotive/.

About Trend Micro

Trend Micro Incorporated, a global leader in cybersecurity solutions,
helps to make the world safe for exchanging digital information. Our
innovative solutions for consumers, businesses, and governments provide
layered security for data centers, cloud workloads, networks, and
endpoints. All our products work together to seamlessly share threat
intelligence and provide a connected threat defense with centralized
visibility and investigation, enabling better, faster protection. With
more than 6,000 employees in 50 countries and the world's most advanced
global threat research and intelligence, Trend Micro enables
organizations to secure their connected world. For more information,
visit www.trendmicro.com.

About Luxoft

Luxoft (NYSE:LXFT) is a global technology services and consulting
partner that provides bespoke technology solutions to customers in 22
countries across five continents. Founded in 2000, Luxoft combines
engineering excellence with deep industry expertise to deliver and
implement technology solutions that drive business change. Through a
combination of strategy, consulting and engineering services, Luxoft's
global teams use technology to enable business transformation, enhance
customer experiences and boost operational efficiency. With over 280
active clients, Luxoft specializes in automotive, financial services,
healthcare, life sciences, telecommunications and other industries. For
more information, please visit www.luxoft.com and
follow us on Twitter and LinkedIn.

1 Gartner IoT Forecast Database, data current as of March 19,
2019.

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