Overview
Cybersecurity is the process and practice designed specifically to shield computers, networks, programs, and data from damaging or unauthorised access. Today, the automotive industry is one major vertical within the manufacturing sector which has applied IoT in a big way. Connected cars is one such example of IoT application in the automotive sector. The increased usage of connected devices (IoT/IoE) has posed security concerns. Thus, organisations are using security applications to protect the automobiles from theft and other malware attacks.
With the increase in proliferation of IoT devices, the number of connected cars will increase leading to security concerns. The concern of this security will hamper the market in the future leading to more opportunities for security providers. Thus, automakers and cyber security vendors need to work together for the development of the new security applications. The auto cyber technology will boost the automaker revenues and most of the security providers will consider auto cyber technology as objective and strategy to increase their footprints. Service providers in this market must abide by certain automotive cyber security…
