TOKYO–(BUSINESS WIRE)–VicOne announced it has added Japan to its global operations in Taiwan, Germany and the United States, with the opening of its headquarters in Tokyo. In addition, VicOne named Mahendra Negi as chairman of the company.
We’ve leveraged years of expertise in cyberthreat intelligence to deliver automotive protection that can cover a vehicle’s entire life cycle. With our central operations in Tokyo, we bring our expertise in local integration to this hub of global automotive manufacturing and innovation,” said Max Cheng, CEO of VicOne.
In addition, VicOne name Mahendra Negi as chairman of VicOne. As CFO and board member of Trend Micro, Mahendra brings unparalleled leadership and vision. He caters to customers seeking automotive cybersecurity solutions that deliver better outcomes for OEMs. This benefits drivers of connected vehicles today and in the future.
“Our unique expertise and global presence perfectly positions us. Moreover, we support Japan-based automakers as they expand their businesses worldwide,” said Negi. “This is an exciting time for the automotive industry and VicOne can help OEMs capitalize on the opportunities ahead.”
Mr. Negi has been recognized by leading business publications including Ranked No. 1 Internet Analyst in Japan by Institutional Investor magazine, Ranked No. 2 Software Analyst by both Institutional Investor and the Nikkei Shimbun, Japan’s top business newspaper. Prior to joining Trend Micro in 2000, Mr. Negi worked at Merrill Lynch, specializing in Japan’s internet and software industries. He holds a master’s degree in physics from Nagpur University in India. He holds a master’s degree in management from the London Business School.
Rapid uptake of connected vehicles across global markets has increased OEMs. This risk of significant brand and financial damage with the growth of updatable vehicle functions controlled by software. According to Gartner, an internationally recognized technology research and consulting firm headquartered in the U.S. Cybersecurity is an increasing priority for automakers driven by the growing surface area susceptible to attack.
In January 2024, during Automotive World Tokyo, VicOne will work with Trend Micro’s Zero Day Initiative (ZDI) to host the first standalone Pwn2Own Automotive Security Vulnerability competition. This competition aims to directly address the surge in connected car cyber threats globally. Moreover, designed to make the connected vehicle ecosystem more secure, Pwn2Own Automotive challenges researchers to find and exploit vulnerabilities in automotive software and devices. They aim to identify these vulnerabilities before cybercriminals can exploit them. For the inaugural Pwn2Own Automotive, Tesla, one of the world’s leading carmakers, will be the title sponsor for this unprecedented event to discover new auto vulnerabilities.