Karamba names retiring Ford exec to board

BLOOMFIELD HILLS — Karamba Security, the developer of cybersecurity software for connected and autonomous vehicles, announced the appointment of longtime Ford Motor Co. financial executive Neil M. Schloss to its board of directors.

“We are proud to have Neil joining Karamba Security’s board to bring his strong financial and automotive and mobility industry background to our organization,” said Ami Dotan, Karamba Security’s co-founder and CEO. “He has tremendous industry, financial and business experience from his years at Ford and will provide direction around how to continue translating the robust customer traction that Karamba Security has been experiencing, into long-term, mass production agreements.”

“What attracted me to Karamba Security is the significant progress that the company has been gaining from multiple OEMs and Tier-1 system providers,” Schloss said. “Rarely do you find a software company that succeeds in creating direct engagements with many of the OEMs and Tier-1’s simultaneously and in such a short time. I was impressed by the company’s technology of end-to-end prevention of cyberattacks inside vehicles, and I see how such traction can translate quickly into scalable production agreements. Karamba’s seasoned and experienced leadership team and working together spirit were significant factors in my decision to join the company’s board.”

Schloss is retiring from Ford Dec. 31. He currently serves as vice president and CFO of Ford Mobility, managing the financial operations of Ford Smart Mobility and Autonomous Driving business units as well as the company’s IT and Global Data Insight & Analytics organizations. Prior to that role, Schloss served for more than 10 years as the company’s vice president and corporate treasurer.

Karamba Security recently launched ThreatHive, which provides auto manufacturers and suppliers a view of actual, online attacks on their electronic control units (ECUs) during development. This service offering enhances Karamba’s ECU protection portfolio with automotive threat intelligence, giving the automotive security industry a platform for early discovery of security vulnerabilities. Beyond this, Karamba Carwall and Karamba SafeCAN provide autonomous security for autonomous vehicles.

Karamba will be an exhibitor at CES 2019 in Las Vegas Jan. 8-11 at booth 929. More about Karamba’s CES presence at https://karambasecurity.com/ces.

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