Chatting with EFY’s Nitisha Dubey, Pantherun CEO Srinivas Shekhar unveiled their game-changing AES encryption, which makes use of AI to generate keys by itself, safeguarding automobile communications from unauthorised entry!
Q. Are you able to introduce Pantherun and its core know-how?
A. We’re a cybersecurity innovator specialising in high-performance encryption options for each silicon and software program. Utilizing an industry-standard method for superior encryption requirements (AES), we’ve got developed a patented encryption and key administration system that eliminates the necessity for key change. Our keyless, no-key change technique removes the vulnerabilities related to complicated procedures, comparable to delays, insecure start-up encryption, publicity to eavesdroppers, and weaknesses towards quantum assaults. So, you see, our method ensures safe AES encryption with out the dangers inherent in conventional key change strategies.
Q. How does your patented method improve AES community safety?
A. Nowadays, intruders are all the time listening in networks, and it’s well-known that hackers can stay undetected for months. They will monitor all information exchanges, together with key exchanges, creating crucial flaws. So, our patented method enhances AES, a extremely safe encryption technique, by eliminating the necessity for key change. This reduces the danger of community vulnerabilities brought on by key exchanges. That is the essence of our patent.
Q. How does your AI algorithm remove the necessity for AES key change?
A. AES encryption depends on a key with a number of key lengths accessible (128, 192, or 256 bits). For information to be encrypted and decrypted, a secret’s essential. Within the conventional AES implementation, a key change is required: the vacation spot sends a key to the supply, which encrypts the information and sends it again to the vacation spot for decryption. With out key change, AES can not operate in its present type. Our patented method eliminates this want by utilizing an AI algorithm to generate keys at each the supply and vacation spot independently. The supply encrypts the information, and the vacation spot makes use of its AI algorithm to create a key and decrypt the information. This utterly removes the necessity for key change.
Q. How does your resolution differentiate itself from different rivals?
A. Others have additionally carried out AES however depend on key change. With out that, they can not implement AES. We’re the one ones who’ve carried out AES with out key change, as malicious entities can intercept this course of. We’ve ensured that nobody can entry the important thing. Consequently, solely encrypted information is seen, and it can’t be decrypted by unauthorised events, considerably enhancing information safety. Moreover, by eliminating key change, we cut back community visitors, permitting the community to give attention to crucial duties and function extra effectively.
Q. Is there a particular tenure for using your know-how?
A. AES encryption has been a normal for about 15 to twenty years and is anticipated to stay for the following 35 to 40 years attributable to its issue in cracking with no key. This know-how is just not more likely to grow to be out of date. The necessity for strong encryption will persist as information volumes proceed to develop dramatically, particularly with AI operating on enormous datasets. Due to this fact, it’s poised to remain related for a very long time.
Q. Which industries are you catering to?
A. Initially, we focused mission-critical industries comparable to automotive, industrial, and army sectors, the place we’ve got seen vital adoption of our encryption method. Whereas these areas are our major focus, our know-how can also be being explored for purposes in smartphone encryption and private units like AI laptops. Though numerous industries are inquisitive about our options, the basic sectors stay our major precedence.
Q. What dangers do linked automobiles face with out correct encryption and community safety?
A. Automobiles are more and more linked, sharing information on street situations and visitors and shifting in direction of self-driving capabilities. This connectivity raises the danger of exterior breaches, the place malicious entities may management a automobile’s capabilities, posing severe security dangers. Defending automobile networks is essential to stop such threats. Moreover, automobiles retailer delicate private info like seating preferences, locations, and places, elevating vital privateness issues. Encrypting this information is important for shielding privateness and stopping unauthorised entry in linked automobiles.
Q. How does your encryption method safe communication between numerous automobile management boards?
A. Trendy automobiles within the automotive {industry} function hard-wired networks with over 150 management boards managing capabilities just like the engine, doorways, infotainment programs, and dashboard. These boards should talk, however implementing AES encryption on such numerous {hardware} is difficult, leaving in-car communication unprotected. Automobiles with on-board SIMs for exterior connections, like these from MG, are susceptible to unauthorised entry. Our method ensures all communication between management boards is secured. Thus, even when a malicious entity positive aspects entry by way of the SIM, it’s going to solely see encrypted information, rendering it unreadable and stopping any injury to the automobile’s community or programs.
Q. Are there any automotive firms at present utilizing your providers?
A. We’re collaborating with firms like Intel and AMD, which have many automotive clients, and we’re concerned in quite a few design tasks utilizing their silicon. Whereas these designs are nonetheless in progress, we’re witnessing rising curiosity and adoption from the automotive {industry}.
Q. Is the demand in your resolution greater within the Indian market or globally?
A. Our resolution is concentrated on safeguarding people, making it relevant to a world and home market. Whereas India nonetheless sells many economical automobiles, these automobiles more and more incorporate electronics. Options like automated window buttons, which have been as soon as uncommon, are actually commonplace even in entry-level automobiles, bringing superior electronics into almost each automobile. The demand for our know-how is worldwide, not restricted to any explicit non-Indian market. Furthermore, the electrical scooter market is booming, that includes quite a few electronics and keyless beginning programs. These developments additionally require safety, as it’s comparatively straightforward for somebody to spoof identities and take management of a scooter or automobile. Complete safety is important throughout all sorts of automobiles.
Q. What markets do you serve, and the way do you entry them?
A. Within the automotive house, we sometimes work with tier-one firms, offering them with our know-how to combine into the electronics they provide to automobile producers. For instance, Mahindra and TATA have tier-one suppliers. Internationally, firms like Harman and Bosch in Europe, Delphi and Johnson Controls within the US, and Denso in Japan function tier-one suppliers. These names are additionally acquainted in India, the place many firms design and manufacture automobiles. The tier-one firms have R&D bases on this nation as effectively. Moreover, firms like Continental, Hyundai Mobis, and Hyundai Autonet cater to the European and Korean markets.
Q. Do you could have any upcoming partnerships or plans to develop what you are promoting?
A. Sure, as I stated, we just lately introduced partnerships with Intel and AMD to convey our mixed applied sciences to market. Along with these, we’re constructing a world reseller community. We at present have resellers in a number of European international locations and are increasing our community to incorporate the Center East, North America, Asia, and different areas. Our go-to-market technique depends on working with companions to develop our enterprise.
Q. How was your final fiscal 12 months, and what are your expectations for the following two years?
A. We skilled fourfold progress final 12 months, and this 12 months has began much more potent. Our income within the first three months surpassed the earlier 12 months’s complete. Our purpose is to quadruple our revenues once more this time. Financially, we’re heading in the right direction and snowballing.
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