RENO, Nev. – March 4, 2019 – BlackRidge Technology International Inc. (OTCQB: BRTI), a leading provider of next-generation cyber defense solutions, has joined Automotive Grade Linux (AGL), a collaborative open-source project at The Linux Foundation. The project brings together automakers, suppliers and technology companies to accelerate the development and adoption of a fully open software stack for the connected car.
Bill Joll, BlackRidge’s head of worldwide sales, and Rolf Lumpe, vice president of business development, will deliver a keynote presentation at AGL’s All Member Meeting in Tokyo on March 5, addressing how cybersecurity lessons from the U.S. Department of Defense can be applied to the automotive industry. AGL’s All Member Meeting is for members only.
BlackRidge originated from a Department of Defense contract to cloak critical internet connected assets used in the Afghanistan war. The principle behind the original technology — you can’t attack what you can’t see — continues to underlie the company’s identity-based authentication and access control technology. Today, this technology shields enterprise networks, critical infrastructure and internet of things (IoT) connected devices.
Like other critical connected devices, whether sensors in power plants or monitors in hospitals, the entire connected car ecosystem must be protected against cyberattacks. Automotive cybercrime has been accelerating in recent years, with attacks on vehicles’ control units, onboard software, Wi-Fi and infotainment systems as well as electric charging stations and manufacturers’ mobile apps and data centers. As automobiles begin communicating with each other and with the road infrastructure, the attack surface will continue to expand.
All three layers of the connected car ecosystem are vulnerable to attack — the vehicle layer (telematics, communications module, infotainment system, key), the network layer (cellular network, satellite communications, grid infrastructure) and the application layer (telematic service providers, public and private clouds, data intermediaries).
BlackRidge’s patented First Packet Authentication™ technology authenticates identity and enforces security policy on the first packet of a network session, before a connection is established. It is applicable across the entire ecosystem and can be embedded as the infrastructure for connected cars is built. The technology can block or redirect network traffic, control access, and enable network microsegmentation and segregation.
“Big data means big risk,” said Joll, “and when vehicles are involved, the risk is not just potential loss of personal data or intellectual property but loss of life. BlackRidge security solutions can enforce end-to-end trust for connected cars by enabling identity-based networking in a zero-trust security model that is independent of network topology and protects every asset, regardless of age or vendor.”
Institutional investors or research analysts who would like to schedule a one-on-one meeting with BlackRidge Technology management, please email your request to BRTI@mzgroup.us or call Chris Tyson at MZ Group, the company’s investor relations firm, at +1 949-491-8235. For press and other inquiries, please email BlackRidge@finnpartners.com.
About BlackRidge Technology
BlackRidge Technology enables our customers and partners to deliver more secure and resilient business services in today’s rapidly evolving cyber threat environments. The BlackRidge adaptive cyber defense solution authenticates identity before allowing network connections to proactively isolate cloud services, protect servers and IoT devices, and segment networks. Our patented technology authenticates user or device identity and enforces security policy on the first packet of a network session. This zero-trust network model blocks or redirects unidentified and unauthorized traffic to stop port scanning, cyberattacks and unauthorized access. BlackRidge was founded in 2010 to commercialize its military-grade and patented network security technologies. For more information, visit www.blackridge.us.
Statements made in this release include forward-looking statements within the meaning of federal securities laws. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our Annual Reports on Form 10-K, as may be supplemented or amended by our Quarterly Report on Form 10-Q and other public filings with the Securities and Exchange Commission (the “SEC”), which can be found on the SEC’s website at www.sec.gov. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
LANE, A Finn Partners Company
Investor Relations Contact:
MZ North America