According to the National Highway Traffic Safety Administration, by 2020 about 75% of cars will be connected to the Internet. The ability to access the network makes vehicles a target for hackers. To protect machines from hacking, the startup Karamba Security will help, for this purpose the founders attracted $ 12 million
The company with Israeli roots Karamba Security raised the investment round of the B series, led by Paladin Capital Group, Liberty Mutual Strategic Ventures, Presidio Ventures and Asgent. The Karamba software is built into the car and can prevent hackers from hacking the system. The software is installed in the "brain" of the vehicle's onboard computer, which monitors the braking system, navigation and other settings.
Karamba will use the funds raised to develop the company, expand the staff of specialists, further testing and development.
The largest hacker attack last week was 74 countries. The extortion virus blocked thousands of computers around the world and demanded a $ 300 purchase from their owners. In a few hours, cybercriminals earned $ 42,000.