OEMs may need to invest more in cyber security

The increasing use and development of connected and autonomous cars may require OEMs to budget towards state-of-the-art technology solutions that will ensure the protection of their vehicles from cyber security threats, according to a Frost & Sullivan news release.

Their research suggests that by 2025, 80 per cent of new cars sold in Europe will be connected. In the U.S., that number is expected to rise to 90 per cent.

“In the era of cyber insecurity, automakers have learned that they’ll need to look outside their organizations for innovative solutions,” said Frost & Sullivan. “The industry has been seen to be slow to develop the necessary in-house capabilities for addressing some of the industry’s most pressing of cybersecurity challenges.”

They add: “While autonomous will push the frontiers of personal travel and commercial transportation, it will open arguably the largest threat field in global transport.”

According to Frost & Sullivan, cyber security solutions should be designed on the basis that someone (such as a hacker) will penetrate the system in ways that “were not perceived when the vehicle was designed.”

The automotive sector has already seen new companies and partnerships emerge to present a few intriguing solutions, thanks to artificial intelligence (AI) and machine learning. And many companies are already leaning towards technologies in machine learning as a countermeasure solution to cyber threats.

“Ultimately, the ability to deploy effective and scalable automotive cyber security technology and systems will determine how secure vehicle connectivity and autonomy will be as the automotive industry ventures into the next frontier of transport,” said Frost & Sullivan.

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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