Research and Markets: Cybersecurity in the Automotive Industry Trends - 85% of Vehicles to be Connected to the Internet by 2020

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/pq2j5b/cybersecurity_in) has announced the addition of the "Cybersecurity in the Automotive Industry" report to their offering.

More than 50 vulnerable points in a car could significantly risk its security. By 2020, Frost & Sullivan expects 85% of vehicles to be connected to the Internet. Cyber threats today are not significant, but they have a high potential to cause damage to brands and lives. The traditional automotive ecosystem was a closed environment; with the introduction of connectivity in vehicles, opportunities have opened for original equipment manufacturers (OEMs) to offer software products. This has gained significant interest from hackers. This study discusses how OEMs are addressing the cybersecurity issue.

Key Findings:

- Although no vehicle cybersecurity breaches have been reported, the value proposition for prevention is huge because of its risks to passenger safety with more than vulnerable points in a car.

- Cybersecurity has emerged as a key concern in the automotive industry as researchers globally demonstrate threats and risks through scenarios such as taking control of a car and turning off the engine and headlights, disabling brakes, commandeering steering, and denying services. However the industry cannot deal with this alone, and would need to integrate with information technology (IT) companies such as Cisco, CGI, and IBM.

- With the industry processing Big Data for features and services such as product planning, warranty and after-sales service, marketing, and connecting service providers and fleet-related services, governments are framing laws for the ethical harvesting of data.

- OEMs and Tier I suppliers plan to deploy vehicle-to-vehicle and vehicle-to-infrastructure (V2X) applications by 2015 in Europe; it is of utmost importance to secure the communication channel. Dedicated short-range communication (DSRC) and mobile-based technologies such as long-term evolution (LTE) and 4G will form futuristic platforms. There is also high potential for smartphone application, and additional services in aftermarket on-board units (OBUs) and roadside units (RSUs).

Companies Mentioned

- Arilou Technologies

- Cisco AutoGuard

- Security Innovation V2X Solutions

- Intel Trustlets

- Utimaco

For more information visit http://www.researchandmarkets.com/research/pq2j5b/cybersecurity_in

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive