[Market Focus] Autocrypt Secures 'Sovereign Security' in Robot and AI Mobility... Hyundai Motor Growth Momentum

As interest in robotics-related stocks grows in the domestic stock market, the AI mobility software company Autocrypt is attracting attention. The company’s self-developed cryptographic module has obtained certification from the Korea Cryptographic Module Validation Program (KCMVP) of the National Intelligence Service. This achievement is significant not only because of the certification itself, but also because it provides a technical foundation for ensuring 'sovereign security'-security based on national sovereignty-in domestic robot and AI mobility systems.

As of 9:56 a.m. on December 8, Autocrypt was trading at 15,810 won, up 2,870 won (22.18%) from the previous trading day.

The KCMVP certification is a nationally recognized verification system, granted only to cryptographic modules that meet both the highest domestic security standards and international testing requirements, based on the world’s leading cryptographic module validation standards.

The importance of this certification lies in the fact that it forms the basis for 'sovereign security', which means securing the security of national core infrastructure with domestic technology rather than relying on external sources. Securing technology that can be directly controlled by the country, based on domestic standards and technology without dependence on foreign security technologies, is one of the core aspects of 'sovereign security'. Achieving 'sovereign security' is also directly linked to securing national technological sovereignty.

The government is emphasizing technological sovereignty, which is key to future industrial competitiveness in areas such as AI mobility, robotics, and autonomous driving, and is making certification systems like KCMVP mandatory for systems and security technologies used in public and national infrastructure.

The fact that Hyundai Motor Company recorded a 52-week high, driven by momentum in robotics and autonomous driving, also appears to have improved investor sentiment toward Autocrypt. Hyundai Motor Group has agreed to collaborate with Nvidia in applying platforms in manufacturing, autonomous driving, and robotics. Expectations are also rising for the autonomous driving technology Hyundai Motor Company is set to announce at CES next month.

Automakers are prioritizing the application of security to controllers with high computational performance. Autocrypt’s project with Hyundai Mobis IVI began four years ago as a proactive response. In January 2024, two controllers will be subject to cybersecurity requirements, and with the addition of TCU (Telematics Control Unit) and BSM (Battery Management), the number will increase to about five. If OTA services are implemented, this number will need to increase to 20 within two years, and Hyundai Mobis is preparing accordingly. Autocrypt is also proposing and carrying out cybersecurity consulting for next-generation models of TCU, BSM, and CCU.

With Hyundai Motor Company, discussions are underway regarding the mass production of ADAS controllers with cybersecurity applied, and the company has expanded its security consulting and mass production response business for key controllers such as TCU, BSM, and CCU. For the CCU 2.0 applied to vehicles, TARA analysis has been completed. If Autocrypt is tasked with developing CCU 3.0, it is expected that the process will proceed smoothly through to mass production.

Kim Changho, a researcher at Korea Investment & Securities, stated, "In March of this year, Hyundai Motor Company announced its roadmap for the transition to SDV. In the era of SDV, security will be a key element."