LG Electronics signed a memorandum of understanding (MOU) with LG U+ and CryptoLab, a local cybersecurity company, to develop a digital security technology for connected cars, the company said Wednesday.
The goal of the MOU is to jointly develop post-quantum cryptography-based security technology for smart cars.
Post-quantum cryptography — or quantum-resistant cryptography — is considered secure against a quantum computer’s attack.
As the increasing number of internet-connected cars make vehicles, especially those which carry personalized data and private information, vulnerable to hacking, LG Electronics hopes to enhance security of in-car software systems using post-quantum cryptography.
LG Electronics, which supplies auto parts such as in-car infotainment systems to carmakers, plan to incorporate post-quantum cryptography in building infotainment systems during the proof-of-concept stage — which is to demonstrate the feasibility of an idea or product — to test its reliability.
LG U+ will conduct research on authentication service scenarios for the technology adoption. LG U+ established a post-quantum cryptography-enabled communication network for corporate use in April 2022, which is the first of its kind in the world, according to the company.
CryptoLab, founded in 2017, will oversee the development of post-quantum cryptographic algorithms and optimization.
“The number of cases of cybersecurity incidents in the automotive sector is increasing,” said Eun Seok-hyun, president of LG Electronics’ auto part business. “It is a must to internalize security technology, which is the most important sector in ensuring the reliability of LG’s hardware and software capabilities.”
“LG U+ is leading the quantum security era by taking the lead in developing and successfully marketing the post-quantum cryptography,” said Choi Taek-jin, LG U+ vice president. “We will introduce quantum-resistant cryptography in the global market, including in the auto part sector, through collaboration with LG Electronics.”