LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, has received Cyber Security Management System (CSMS, ISO/SAE 21434:2021) certification from TÜV Rheinland, a respected global certification body. announced.
This certification underscores LG Magna's adherence to relevant vehicle cybersecurity regulations and standards and implements a comprehensive security framework that spans component design, development, post-development cybersecurity practices, and management. is showing.
With the impending implementation of the WP.29 UNECE R155 Cybersecurity Regulation and automotive cybersecurity emerging as a top concern in the mobility sector, LG Magna's certification becomes even more important.
From July 2024 onwards, all vehicles manufactured by automotive original equipment manufacturers (OEMs) will have to comply with a newly established set of cybersecurity management regulations to ensure type approval . Such approval is essential for cars to be sold in 56 countries, including EU member states, the UK, Japan and South Korea.
Countries that have adopted these regulations require automakers to harden all vehicle components and systems against cybersecurity threats throughout their lifecycle. ISO/SAE 21434 is an internationally recognized standard that addresses vehicle cybersecurity for establishing and maintaining cybersecurity measures from the conceptualization and development stage to the vehicle production, maintenance, and decommissioning stages. outlines the process.
In response, LG Magna has built a robust cybersecurity framework to meet global automakers' growing demand for cutting-edge, highly secure vehicle components.
The company has meticulously created comprehensive cybersecurity protocols that are systematically applied and updated throughout the lifecycle of each product. This protocol includes identifying and assessing product security threats as well as developing the necessary response strategies in accordance with ISO/SAE 21434 guidelines.
Additionally, LG Magna has implemented a risk monitoring system to further strengthen its cybersecurity posture and speed up the problem resolution process.
LG continues to expand within the global automotive parts and solutions market. LG Magna, whose Vehicle Component Solutions (VS) Company is recognized for its excellence in in-vehicle infotainment (IVI) systems, is complemented by electric vehicle powertrain expertise and ZKW's leadership in advanced vehicle lighting systems. This distinguishes it from others.
LG Magna CEO Cheong Won-suk said, “With vehicle cyber-attacks on the rise, demand from automakers for component solutions that ensure robust cybersecurity is rapidly increasing.” “As a leading global supplier of automotive components, LG Magna proactively addresses security vulnerabilities and aims to continuously strengthen its systems and processes.”
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