LONDON, Oct. 10, 2018 (GLOBE NEWSWIRE) — Visiongain has released a brand new automotive report: Automotive Cyber Security Market Report 2018-2028
The report covers the following areas: Forecasts by (Hardware, Software, Network, Cloud) Plus Analysis of Prospects For Connected Car & Vehicle-to-Everything (V2X, V2V, V2I, V2G, V2H, V2P, IN-V) Communication Safety & Security Within The Internet of Things (IoT) Ecosystem
The automotive industry is going through a phase of digital revolution. In the next few years, automobiles will transform into communication devices. Connected cars act as a connectivity device on wheels offering comfort, convenience, performance, safety and security combined with powerful network technology. This will keep the drivers and passengers connected to the outer world and offer them the comfort of an office and home experience even when they are travelling.
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However, the advanced connectivity solutions provided in a vehicle can also reveal certain vulnerabilities and lead to certain fraudulent activities and thus demands effective cyber security solutions to ensure safety and security.
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The Visiongain report analyst commented, “The issue of cyber security came to prominence when researchers proved that vehicles can be hacked. The instance which received the most media coverage was Fiat Chrysler Automobiles recalling 1.254 million vehicles in July 2017 to address the software error which occurred in the vehicles, after researchers demonstrated a Proof-Of-Concept (POC) attack where they took control of vehicles remotely.
Therefore, it is not surprising that the automotive cyber security sector receives a lot of attention and investment from different players in the automotive supply chain. However, there are still too many cars that do not have adequate security protection.
Cyber threats are evolving rapidly and becoming more sophisticated. Despite ever-improving cyber security technologies, cyber-attacks continue to increase strongly. Today there are hundreds of cyber security companies in the world, with new firms entering the market at a high frequency, and investors continue to invest billions every year into the industry. However, there are not many cyber security companies that specialise in automotive cyber security, and only for the past few years have these companies been receiving funding and investments.”
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Leading companies featured in the report who are developing automotive cyber security include Cisco Systems, Intel Corporation, Symantec Corporation, International Business Machines (IBM), Harman International, NXP Semiconductors, Infineon Technologies AG, Argus Cyber Security, Trillium Inc. and Karamba Security
The full list of companies mentioned in this report include:
1 Mainstream Inc
Agile 3 Solutions
Argus Cyber Security Ltd
Bang & Olufsen
Bindview Development Corporation
Blue Box Group Inc.
BT Assure Threat Defence
Cisco Systems Inc.
Code Red Technologies
Daeja Image Systems Ltd
Elektrobit Automotive GmbH
Fiat Chrysler Automobiles
Freescale Semiconductors (FSL)
General Motors (GM)
Giesecke & Devrient (G&D)
Hyundai Motor Co
Intel Security Group
International Business Machines (IBM) Corporation
Lighthouse Security Group, LLC
Magma Venture Partners
Nokia Growth Partners (NGP)
PSA Peugeot Citroën
Qualcomm Technologies Inc.
Renesas Electronics Corporation
Samsung Electronics Co.
SBD & NCC
Skyport Systems, Inc.
Star Analytics Inc
TCS tata consultancy services
The Weather Company
Wind River Systems
Notes for Editors
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Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
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