Argus Cyber Security Explained

PlaxidityX (Formerly Argus Cyber Security LTD.)
Fate:Purchased by Continental AG in 2017 for $430 million.
Location City:Tel Aviv, Israel
Industry:Automobile Technology
Num Employees:200
Homepage:https://plaxidityx.com/

PlaxidityX (Formerly Argus Cyber Security LTD.) is an Israeli automotive cyber security company. It was purchased by Continental AG in 2017, for $430 million.[1] In October 2017, Argus added a solution to enable OEMs to deliver over-the-air vehicle software updates.[2]

History

The company was founded in 2013,[3] by Ofer Ben-Noon, Oron Lavi, and Yaron Galula, three ex-soldiers of Israel's Unit 8200.[4] The Argus management team includes former employees of Daimler,[5] Fiat Chrysler,[6] and General Motors.[7]

The Israeli startup is headquartered in Tel Aviv, has a team of more than 200 people and offices in Detroit, Silicon Valley, Stuttgart and Tokyo.[8] [9] The company has dozens of pending[10] and granted[11] patents and was identified as a Top 25 Technology Company To Watch by The Wall Street Journal.[12]

As a result of an acquisition in November 2017,[13] [14] Argus Cyber Security is part of Germany's Continental's subsidiary Elektrobit (EB).[15]

In December 2020, Argus Co-founder Ofer Ben-Noon stepped down from his position as CEO and was replaced by Ronen Smoly, previously Argus VP Sales.[16] [17]

Partnerships

In January 2016, Argus partnered with Check Point Software Technologies to extend the Argus offering with Check Point Car Capsule for secure communication between vehicle and the cloud.[18]

In July 2016, Argus was chosen to participate in Startup Autobahn, a joint project run by Daimler AG, Plug and Play, University of Stuttgart and ARENA2036.[19]

Argus partnered with Infineon in November 2016 to create an integrated cyber security solution for central gateway protection.[20]

In January 2017, Argus joined with Elektrobit to create a solution to protect electronic control units (ECU). The same month they announced a combined solution with Qualcomm.[21]

In February 2017, NXP Semiconductors announced its partnership with Argus creating a joint solution including Argus IDPS and NXP Calyso MCU to detect and prevent advanced cyber attacks in real-time.[22] [23]

In July 2017, Argus and Riscure announced a joint 'capture the flag' competition, participants faced challenges simulating real-life automotive cyber security scenarios to win.[24]

In June 2018, Argus partnered with Phantom Auto on a teleoperation safety technology that blocks attacks on connected vehicles.[25]

In August 2024, Argus rebranded as PlaxidityX .[26]

Awards and recognition

Notes and References

  1. http://www.globes.co.il/en/article-argus-investors-employees-win-big-in-430m-acquisition-1001210421 Argus investors, employees win big in $430m acquisition
  2. News: Germany's Continental buys Israeli auto cyber firm Argus. Reuters . 3 November 2017 .
  3. https://venturebeat.com/2014/09/29/argus-raises-4m-to-keep-car-hackers-at-bay/ Argus raises $4M to keep car hackers at bay
  4. https://www.reuters.com/article/us-israel-tech-toyota/toyota-seeks-more-investments-in-israeli-auto-tech-robotics-idUSKBN1D50OI Toyota seeks more investments in Israeli auto tech, robotics
  5. Web site: VB Profiles.
  6. Web site: Automotive World. 6 February 2017 .
  7. Web site: Bloomberg Research. .
  8. Web site: Germany’s Continental confirms buy of Israel cybersecurity firm Argus . Shoshanna . Solomon . 5 November 2017 . Times of Israel.
  9. Web site: Argus Cyber Security. https://web.archive.org/web/20180108062658/https://automobilityla.com/exhibitor/argus-cyber-security/. 2018-01-08. dead.
  10. Web site: These 3 Auto Startups Are the Best of 2016. Fortune.
  11. Web site: Germany's Continental confirms buy of Israel cybersecurity firm Argus. Times of Israel.
  12. Web site: Tech Companies to Watch. The Wall Street Journal.
  13. News: Germany's Continental buys Israeli auto cyber firm Argus. Reuters. 3 November 2017 .
  14. News: Argus investors, employees win big in $430m acquisition. Globes. 11 May 2017 .
  15. https://www.prnewswire.com/news-releases/argus-cyber-security-and-elektrobit-launch-end-to-end-solution-for-delivering-vehicle-software-updates-over-the-air-ota-300538892.html Argus Cyber Security and Elektrobit Launch End-to-End Solution for Delivering Vehicle Software Updates Over-The-Air (OTA)
  16. Web site: Argus CEO Ofer Ben-Noon announces he's stepping down. 2 December 2020 .
  17. News: John . Peter . Demystifying Computer Forensics vs. Electronic Discovery . 16 July 2021.
  18. Web site: Argus, Check Point team up to prevent car hacking. Shamah. David. .
  19. Web site: Startup Autobahn sees firms from seven countries make a pitch.
  20. Web site: Cooperation to protect central gateway.
  21. Web site: Argus Expands Connected Car Collaboration - Infosecurity Magazine. 4 January 2017 .
  22. Web site: NXP Joins Auto-ISAC to Collaborate on Security Challenges of Connected Cars.
  23. News: Israel's auto-tech startups move up a gear. Ben-Gedalyahu. Dubi. Globes . 15 March 2017 .
  24. Web site: Hack the car using an Arduino board with two CAN ports.
  25. Web site: Argus Cyber Security and Phantom Auto Partner to Increase the Security of Teleoperation Safety Technology. June 5, 2018. www.prnewswire.com.
  26. Web site: Introducing PlaxidityX: Argus Cyber Security Ltd.* Unveils New Company Name. August 15, 2024. www.plaxidityx.com.
  27. Web site: 20 Tech Innovators to Watch in 2018. Kerpen. Dave. Inc.. 11 September 2017 .
  28. Web site: 2017 Red Herring Europe: Winners.
  29. Web site: Tech Companies to Watch.
  30. Web site: The World's Most Innovative Companies 2017.
  31. Web site: These 3 Auto Startups Are the Best of 2016.
  32. Europe's hottest startups 2016: Tel Aviv. Wired UK .
  33. Web site: 118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets.

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