Duesseldorf, December 18th, 2023 – PwC Holdings Germany GmbH, PwC Germany’s investment company for industrial growth capital, has acquired a minority stake in ONEKEY GmbH, headquartered in Düsseldorf, together with eCAPITAL to finance growth.
ONEKEY has received several awards in recent months, including international ones, and is the leading European product cybersecurity & compliance platform. It simplifies and accelerates the review and management of existing and future cybersecurity & compliance product requirements for manufacturers.
ONEKEY automatically checks and identifies critical security vulnerabilities in embedded software, especially in Internet-of-Things devices, and monitors and manages them throughout the entire product development cycle. To do this, it also breaks down binary codes using a patent-pending, proprietary technology, scans the broken-down software for vulnerabilities and prioritises the scan results. With the new, also patent-pending, Compliance Wizard TM, manufacturers can quickly and easily check current and future legal compliance requirements such as IEC62443, EU Cyber Resilience Act and many others, manage them online in dialogue and monitor them fully automatically. The integrated software supply chain analysis (SBOM) also identifies software components in minutes
The ONEKEY platform is available online worldwide. Leading international companies from the manufacturing, automotive, telecommunications and infrastructure sectors, among others, are already benefiting from the automated testing, management and monitoring of their smart products.
Jan Wendenburg, CEO of ONEKEY, explains: “We are very pleased that PwC Holdings Germany has recognised the potential of our team, our platform and the market and is honouring this with a direct investment in our company. We will use the additional funding to help manufacturers worldwide achieve product cybersecurity & compliance easier, faster and with less effort.”
Matthias Odrobina, Managing Director of PwC Holdings Germany GmbH, comments: “The investment in ONEKEY GmbH is the first investment in our portfolio in the area of IoT cybersecurity expertise. Resilience in this segment is becoming an increasingly important success factor in a world where cyber attacks are on the rise.”
Cybercrime is one of the most pressing challenges for numerous companies from almost all sectors, not least due to increasing regulatory requirements.
Please see here the PwC Germany press release. (German language)
PwC is committed to building social trust and solving important problems. More than 364,000 employees in 151 countries contribute to this with high-quality, industry-specific services in the areas of auditing, tax and business consulting.In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each of the member firms of PwCIL is a legally independent company.The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.
ONEKEY is the leading European specialist in Product Cybersecurity & Compliance Management and part of the investment portfolio of PricewaterhouseCoopers Germany (PwC). The unique combination of an automated Product Cybersecurity & Compliance Platform (PCCP) with expert knowledge and consulting services provides fast and comprehensive analysis, support, and management to improve product cybersecurity and compliance from product purchasing, design, development, production to end-of-life.
Critical vulnerabilities and compliance violations in device firmware are automatically identified in binary code by AI-based technology in minutes – without source code, device, or network access. Proactively audit software supply chains with integrated software bill of materials (SBOM) generation. “Digital Cyber Twins” enable automated 24/7 post-release cybersecurity monitoring throughout the product lifecycle.
The patent-pending, integrated Compliance Wizard™ already covers the upcoming EU Cyber Resilience Act (CRA) and existing requirements according to IEC 62443-4-2, ETSI EN 303 645, UNECE R 155 and many others.
The Product Security Incident Response Team (PSIRT) is effectively supported by the integrated automatic prioritisation of vulnerabilities, significantly reducing the time to remediation.
Leading international companies in Asia, Europe and the Americas already benefit from the ONEKEY Product Cybersecurity & Compliance Platform and ONEKEY Cybersecurity Experts.
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