Menu
Volkswagen is founding a new cybersecurity firm to prevent car hacking

Volkswagen is founding a new cybersecurity firm to prevent car hacking

Security experts have been warning that connected cars are vulnerable

As cars become more computerized, they're also facing a greater risk of being hacked. That’s why Volkswagen is founding a new cyber security company devoted to protecting next-generation vehicles.

On Wednesday, the automaker said it would partner with a former Israeli intelligence agency director to jointly establish a new company, called Cymotive Technologies.

It’s unclear how much Volkswagen is investing in the new firm, but security experts have been warning that internet-connected cars and self-driving vehicles could one day be a major target for hackers.

Even older cars from Volkswagen are vulnerable. Last month, researchers said that millions of vehicles from the automaker can be broken into by exploiting the remote control key systems.

In a paper, the researchers showed that by reverse-engineering the car's firmware, and then eavesdropping on signals sent from a car owner's key fob to the vehicle, they could remotely open and lock the doors.

Volkswagen would need to roll out a costly firmware update to fix the problem, the researchers added. At the time, Volkswagen simply said it was continually improving its cars security.

Other security experts have been warning that newer cars, with network connectivity, also contain security holes. Last year, two researchers demonstrated they could remotely hack a 2015 Jeep Cherokee and kill the engine or cut the brakes.

Fiat Chrysler later issued a safety recall and sent out USB drives loaded with the software fix to affected cars.

On Wednesday, Volkswagen called its own attempt to bolster its cyber security a "long-term investment." Three Israeli security experts, including Yuval Diskin, a former chief with the country's internal security service Shin Bet, will lead the new company.

Diskin will serve as the company’s chairman. “Together with Volkswagen we are building a top-notch team of cyber security experts,” he said in a statement.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags automotive ITAutomotivesecuritybusinessVolkswagen

Featured

Slideshows

Examining the changing job scene in the Kiwi channel

Examining the changing job scene in the Kiwi channel

Typically, the New Year brings new opportunities for personnel within the Kiwi channel. 2017 started no differently, with a host of appointments, departures and reshuffles across vendor, distributor and reseller businesses. As a result, the job scene across New Zealand has changed - here’s a run down of who is working where in the year ahead…

Examining the changing job scene in the Kiwi channel
​What are the top 10 tech trends for New Zealand in 2017?

​What are the top 10 tech trends for New Zealand in 2017?

Digital Transformation (DX) has been a critical topic for business over the last few years and IDC is now predicting a step change as DX reaches macroeconomic levels. By 2020 a DX economy will emerge and it will become the core of what New Zealand industries focus on. From the board level through to the C-Suite, Kiwi organisations must be prepared to think and act digital when the DX economy emerges in 2017.

​What are the top 10 tech trends for New Zealand in 2017?
Top 15 Kiwi tech storylines to follow in 2017

Top 15 Kiwi tech storylines to follow in 2017

​The New Year brings the usual new round of humdrum technology predictions, glaringly general, unashamedly safe and perpetually predictable. But while the industry no longer sees value in “cloud is now the norm” type projections, value can be found in following developments of the year previous, analysing behaviours and patterns to formulate a plan for the 12 months ahead. Consequently, here’s the top Kiwi tech storylines to follow in 2017...

Top 15 Kiwi tech storylines to follow in 2017
Show Comments