MSI, Alps Alpine and Upstream Launch a POC for Advanced Automotive Cybersecurity
1st November, 2022
Alps Alpine Co., Ltd.
Mitsui Sumitomo Insurance Company, Limited
Upstream Security Ltd.
Alps Alpine Co., Ltd. (“Alps Alpine”, President & CEO: Toshihiro Kuriyama), Mitsui Sumitomo Insurance Co., Ltd. (“MSI”, President & CEO: Shinichiro Funabiki), a subsidiary of MS&AD Insurance Group Holdings, Inc. and Upstream Security Ltd.(“Upstream”, CEO: Yoav Levy) announced that they have launched POC for advanced cyber security and new insurance products and services using Threat Intelligence service which Upstream has been providing since July.
Alps Alpine and MSI have been discussing the advancement of cybersecurity measures from a wide range of perspectives, including insurance and risk management, as autonomous driving technology for automatic control such as “turning and stopping”. Based on the direction of the discussions, MSI and Alps Alpine decided to launch a proof-of-concept project together with Upstream. The three companies will jointly conduct demonstration experiments to enhance countermeasures by utilizing the know-how on cybersecurity for connected vehicles and domain specific threat intelligence and insights possessed by Upstream, with which MSI has invested and formed a business alliance in May 2021.
Scope of the POC
Upstream’s threat intelligence specialists collect and detect automotive-specific cyber incidents, threats, and vulnerabilities exposed throughout the surface, deep and dark web that are related to products manufactured by Alps Alpine.
|The purpose of POC and next steps
|Enhance automotive cybersecurity measures by grasping the actual state of threats in vehicle related products.
|Enhance insurance products related to cybersecurity, and services to complement the needs of customers for cybersecurity measures by working together as a group to provide customers with high value-added services.
|Expand threat intelligence expertise in the Japanese market and collaborate with MSI and Alps Alpine to develop new solutions.
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