An alleged Jeep hack-and-steal spree shows the dangers of connected cars
BI Intelligence
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A pair of men in Houston were arrested after being caught in an attempt to hack and steal a parked Jeep, reports Engadget.
The two reportedly stole more than 30 Jeeps in the area over six months, and are shown in security footage seemingly entering a vehicle with a laptop and starting the car before driving away.
Cars are especially vulnerable to unauthorized connections. The Houston suspects are shown connecting a laptop to either an OBD-II or USB port in the car, which enabled them to bypass the car’s security system and operate the vehicle. Carmakers aim to provide new and improved features to their vehicles in order to entice consumers, but in granting control over certain functions — like ignition — to networked devices, the manufacturers open the door to security issues.
Law enforcement officials and security experts have warned that increasing car connectivity will create new vulnerabilities. The Department of Justice and the FBI warned of the potential for exploits to be discovered and hacked in connected cars. In fact, researchers were recently able to quickly discover an exploit in Mitsubishi’s connected car implementation. BI Intelligence, Business Insider's premium research service, expects that by 2021 there will be 381 million connected cars on the road.
Over the past year, there has been a significant uptick in the number of connected cars on the road. And as internet integration becomes more commonplace, the automobile as we know it will transform.
Over the next five to 10 years, this internet integration is expected to change the car ownership model, create a new platform for consumers to access content, lead to fully autonomous vehicles, and revolutionize the auto industry.
The market position of the car today is similar to where the smartphone was in 2010 — it's just taken off and is ready to explode.
John Greenough, senior research analyst for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on the transformation of the automobile that examines the transformation of the automobile. It also analyzes all areas of the changing automotive market, including the market size for connected cars, automakers benefits and connection strategies, market leaders, consumer demand, and more.
Here are some of the key takeaways from the report:
- Over 380 million connected cars will be on the road by 2021. The market has seen a significant increase in automakers plans to connect the majority of the vehicles they sell and as a result, we've increased our 2015 forecast.
- Automakers are connecting the vehicles they sell because the connection offers clear business opportunities.
- Consumers are adopting the connected car faster than expected. We identify the 3 factors that causing the increase in demand.
- Tech companies will play a major role in the future of the automotive market. The big question is whether tech companies will eventually manufacture cars?
- Fully autonomous cars are only a few years away. Technological, regulatory, and consumer adoption hurdles still remain, but there have been many strides towards a car that can drive itself from point A to point B with little to no human interaction.
In full, the report:
- Forecasts connected car shipments
- Identifies automakers strategy for connection
- Analyzes consumer interest in the connected car
- Examines Apple CarPlay and Android Auto
- Discusses the potential changing car ownership model
- Describes the evolution of the self-driving car
- Identifies top connected car and fully autonomous car barriers
To get your copy of this invaluable guide, choose one of these options:
- Subscribe to an ALL-ACCESS Membership with BI Intelligence and gain immediate access to this report AND over 100 other expertly researched deep-dive reports, subscriptions to all of our daily newsletters, and much more. >> START A MEMBERSHIP
- Purchase the report and download it immediately from our research store. >> BUY THE REPORT
The choice is yours. But however you decide to acquire this report, you’ve given yourself a powerful advantage in your understanding of connected cars.