Connected cars create opportunities to deliver enhanced customer experiences. At the same time, they also have the potential to provide high cost and revenue benefits. This is true for connected car companies, OEMs, suppliers and insurers (and much, much more).

However, car companies haven’t really explored the opportunities to monetize customer data adequately. We can probably attribute this to cybersecurity threats and a mad rush to market. But as the industry evolves and accelerates adoption, we must address these concerns now.

According to Allied Market Research, experts forecast the worldwide connected car market to be worth $225.16 billion by 2027. As we strive to achieve continuous connectivity, what’s the best approach to secure it? How do we keep drivers and their data safe from threat actors?

Before we dive into the solution, let’s look at some of the connected car challenges.

What Are the Threats to Connected Car Security?

#CarSecurity #Car Hacking