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

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments