BUILDING on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle.Most cars today are equipped with some level of connectivity and self-driving vehicles are being developed. Given this level of sophistication, protecting cars from contamination with malicious software has become big business."We view this as a potential $10bn market opportunity over the next five years," says Daniel Ives, an analyst with FBR Capital Markets in New York."As we have seen with cyber security over the past decade, the lion’s share of the innovation going after this market is from Israel and Silicon Valley."Fiat Chrysler recalled 1.4-million vehicles to install new software last year after cybersecurity researchers showed they could turn off a Jeep Cherokee’s engine as it drove. Software manipulation, albeit intentional, was also behind Volkswagen’s emissions scandal.From its headquarters in Te...
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