DENSO and NRI SecureTechnologies Agree to Establish a Joint Venture for the Growing Automotive Cybersecurity Market

KARIYA/TOKYO (Japan), September 27, 2018 ― DENSO Corporation today announced it has agreed to establish a joint venture with NRI SecureTechnologies, Ltd. to detect and diagnose the security risks of in-vehicle electronic products. The new cybersecurity company, named NDIAS, Ltd. is equally owned by DENSO and NRI and will be officially established in December 2018.

NDIAS will harness DENSO’s expertise in in-vehicle quality and cybersecurity technology development and NRI’s proprietary machine learning technology to protect consumers against the rising threat of cyber attacks in the automotive industry. NRI has nearly 20 years of experience insecurity services in the fields of financial systems, infrastructure, and consumer equipment. The partnership will offer integrated security diagnosis and consulting services for in-vehicle electronic products from the vehicle development phase to the actions required after mass production.

Automated driving and connected vehicles will soon become commonplace and, as a result, various shared technologies and services will be linked within vehicles. Because of this,  international standards for automotive cybersecurity requirements must be established due to imminent threats such as hacking.

In Japan, for example, to introduce automated driving by the end of FY2020, a review has been conducted to require automakers to implement cybersecurity measures and to enact relevant laws. Starting with development to well after mass production, security diagnosis and analysis must be conducted throughout the vehicle’s life cycle.

New threats in cybersecurity continue to evolve and require assessment and diagnosis by a dedicated and trained third party who understands the minds of the attackers. DENSO’s and NRI’s new joint venture will underpin the rapidly evolving digitalized automotive industry with its ground-breaking cybersecurity technologies to help achieve a safe and secure future of seamless mobility.

Reference

■ Profile of NDIAS

(1) Company name            NDIAS, Ltd.

(2) Business field               Automotive security

(3) Establishment              December 3, 2018

(4) Head office                   Tokyo (planned)

(5) Representative       President Yukinori Hashimoto

(6) Capital                         100 million yen

■ Profile of DENSO

(1) Company name      DENSO Corporation

(2) Business field                Automotive products, lifestyle-related products, industrial equipment, etc.

(3) Establishment                     December 16, 1949

(4) Head office                   1-1 Showa-cho, Kariya, Aichi, Japan

(5) Representative       President & CEO Koji Arima

(6) Capital                         187.4 billion yen

(7) Employees                   168,813 (as of March 31, 2018 on a consolidated basis)

■ Profile of NRI

(1) Company name            NRI SecureTechnologies, Ltd.

(2) Business field               Information security

(3) Establishment              August 1, 2000

(4) Head office                   Tokyo Sankei Bldg. 1-7-2 Otemachi, Chiyoda-ku, Tokyo, Japan

(5) Representative             President Jun Odashima

(6) Capital                         450 million yen

(7) Employees                   440 (as of July 1, 2018 on a consolidated basis)

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About DENSO in North America

DENSO is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. With its North American headquarters located in Southfield, Michigan, DENSO employs more than 23,000 people at 31 consolidated subsidiaries and 4 affiliates across the North American region. Of these, 25 are manufacturing facilities located in the United States, Canada and Mexico. In the United States alone, DENSO employs more than 17,000 people

About NRI

NRI SecureTechnologies is a subsidiary of Nomura Research Institute (NRI) specializing in cybersecurity, and a leading global provider of next-generation managed security services and security consulting. Established in 2000, NRI Secure is focused on delivering high-value security outcomes for our clients with the precision and efficiency that define Japanese quality. For more details, visit us at https://www.nri-secure.com.