BlackBerry to Demo ‘Combined’ Cylance Cybersecurity Solution at CES, Says CEO
BlackBerry’s recent announcement of an intelligent-vehicles partnership with Jaguar Land Rover (JLR) “demonstrates our thought leadership in the automotive software market,” said BlackBerry CEO John Chen on a fiscal Q2 call Tuesday. BlackBerry agreed to supply the automaker with “cybersecurity…
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consulting” services through the artificial intelligence-based security capability it acquired when it bought Cylance for $1.4 billion (see 1811160024). The JLR partnership gives BlackBerry “the opportunity to provide the first cybersecurity platform for the auto market,” said Chen. “JLR is the first to collaborate with us.” BlackBerry is working with others in the automotive industry, and the potential for additional collaborations “looks promising,” he said. The company plans to demonstrate the “combined” BlackBerry/Cylance cybersecurity solution at CES, he said. “We have a great opportunity to gain share in this $11-billion-plus end-point security market currently led by legacy antivirus vendors. The collective market share for all the next-generation end-point security players, which includes Cylance, is currently less than 10 percent, so there’s lots of room to grow there."