Honeywell (NYSE: HON) and LG Electronics (KRX: LG) have recently entered into a collaboration to develop and demonstrate a cutting-edge automotive software technology. This partnership, outlined in a memorandum of understanding, aims to tackle the growing security challenges posed by the expansion of vehicle networking systems. In early January, the two companies showcased their joint network security solution at the 2018 International Consumer Electronics Show in Las Vegas, and later demonstrated it again during the Detroit 2018 North American International Auto Show.
This strategic alliance offers automotive manufacturers a next-generation network security framework, designed to secure both in-vehicle communications and the increasing external connectivity via cellular and satellite networks. The collaboration focuses on comprehensive cybersecurity solutions for the automotive sector, ranging from protecting individual gateways to monitoring threats across large fleets, covering the entire network security lifecycle.
By combining LGE’s expertise in in-vehicle communication modules with Honeywell’s intrusion detection and prevention systems (IDPS), the partnership enhances protection against cyber threats. Honeywell’s IDPS technology, supported by its cloud-based security operations center, helps detect and block attacks that could infiltrate a vehicle's internal network through various entry points.
The joint solution ensures vehicle safety by identifying and validating software commands and network data from connected vehicles. LGE’s electronic gateway, Telematics Control Unit (TCU), and Electronic Control Units (ECUs) can detect and report anomalies caused by mechanical issues or malicious attacks. Meanwhile, Honeywell’s network security software monitors for unusual activity within the vehicle’s network. Additionally, the cloud-based security operations center collects and analyzes real-time or scheduled data from vehicles, enabling proactive threat detection and providing manufacturers with effective mitigation strategies.
Honeywell brings over six decades of experience in the automotive industry as a leading Tier 1 supplier, integrating its deep knowledge of critical industrial safety into its software solutions. Its automotive software enables real-time diagnostics, helping improve vehicle reliability and reduce warranty costs by up to 5%.
LGE’s vision in the automotive parts sector is to leverage its consumer electronics expertise to become a key player in automotive electrification. As one of the fastest-growing segments of its business, LGE aims to play a vital role in the company’s future growth. Drawing from its strong background in mobile communications, home appliances, and consumer electronics, LGE continues to refine its network security capabilities.
“With cars becoming increasingly connected, we recognize the critical importance of cybersecurity,†said an LGE representative. “We are committed to delivering safe, secure products to our OEM customers. Our extensive experience in ECU/TCU and external network protection allows us to offer robust solutions. By integrating Honeywell’s security software with our own, we aim to provide next-generation network security that protects the entire vehicle from both internal and external threats.â€
“We’ve seen over a dozen confirmed attackable passenger vehicles, and this number is growing rapidly,†added a Honeywell representative. “We support OEMs in addressing the inevitable cybersecurity challenges of smart and autonomous vehicles. By building a network of partners and working closely with LGE, we’re making it easier to integrate and deliver comprehensive security solutions.â€
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