Karamba Security, provider of end-to-end automotive cybersecurity prevention solutions, has announced the appointment of longtime Ford Motor Co. financial executive Neil Schloss to the company’s board of directors as an independent director. Schloss officially joined the board on Dec. 2.
Schloss is retiring from Ford on Dec. 31. He currently serves as vie president and chief financial officer of Ford Mobility, managing the financial operations of Ford Smart Mobility and Autonomous Driving business units as well as the company’s IT and Global Data Insight & Analytics organizations. Prior to that role, Schloss served for more than 10 years as the company’s vice president and corporate treasurer.
“We are proud to have Neil joining Karamba Security’s board to bring his strong financial and automotive and mobility industry background to our organization,” said Ami Dotan, Karamba Security’s co-founder and CEO. “He has tremendous industry, financial and business experience from his years at Ford and will provide direction around how to continue translating the robust customer traction that Karamba Security has been experiencing, into long-term, mass production agreements.”
“What attracted me to Karamba Security is the significant progress that the company has been gaining from multiple OEMs and Tier-1 system providers,” Schloss said. “Rarely do you find a software company that succeeds in creating direct engagements with many of the OEMs and Tier-1’s simultaneously and in such a short time. I was impressed by the company’s technology of end-to-end prevention of cyber attacks inside vehicles, and I see how such traction can translate quickly into scalable production agreements.”
Schloss added that Karamba’s seasoned and experienced leadership team and the spirit of cooperation among the team were significant factors in making his decision to join the board.
Karamba Security recently launched ThreatHive, which provides automobile OEMs and Tier-1 suppliers a view of actual, online attacks on their ECUs during development. This service offering enhances Karamba’s ECU protection portfolio with automotive threat intelligence, giving the automotive security industry a platform for early discovery of security vulnerabilities. Beyond this, Karamba Carwall and Karamba SafeCAN provide autonomous security for autonomous vehicles.
Karamba Security will be exhibiting at CES in Las Vegas, in booth No. 929. Attendees can also schedule a live car hacking demo here.
