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