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

Tight lines as Hooked on Lenovo catches up at Great Barrier Island

Tight lines as Hooked on Lenovo catches up at Great Barrier Island

​Ingram Micro’s Hooked on Lenovo incentive programme recently rewarded 28 of New Zealand's top performing resellers with a full-on fishing trip at Great Barrier Island for the third year​ in a row.

Tight lines as Hooked on Lenovo catches up at Great Barrier Island
Inside the AWS Summit in Sydney

Inside the AWS Summit in Sydney

As the dust settles on the 2017 AWS Summit in Sydney, ARN looks back an action packed two-day event, covering global keynote presentations, 80 breakout sessions on the latest technology solutions, and channel focused tracks involving local cloud stories and insights.

Inside the AWS Summit in Sydney
Channel tees off on the North Shore as Ingram Micro hosts annual Cure Kids Charity golf day

Channel tees off on the North Shore as Ingram Micro hosts annual Cure Kids Charity golf day

Ingram Micro hosted its third annual Cure Kids Charity Golf Tournament at the North Shore Golf Club in Auckland. In total, 131 resellers, vendors and Ingram Micro suppliers enjoyed a round of golf consisting of challenges on each of the 18 sponsored holes, with Team Philips taking out the top honours.

Channel tees off on the North Shore as Ingram Micro hosts annual Cure Kids Charity golf day
Show Comments