Remember when all you had to worry about with your car is getting an oil change every 3,000 miles. Today’s connected cars are miles ahead technologically speaking of those “dumb”
vehicles, but drivers could see a bumpy ride if thieves get a hold of the data the car possesses. The Internet of Things (IoT) has created an entirely new market in the automotive industry with
connected car services that are driving new recurring revenue growth and transforming the industry. And that trajectory is expected to continue, growing from $13.6 to top $42 billion by 2022.
Vehicles contain critical personal information such as personal contacts, registration and insurance details, financial information and even the address to the owner's home – making entry, theft
and further damage even more of a possibility. Vehicles have become an extension of one’s connected self and the technology associated with them offers substantial benefits.
Read the whole story at CSO online »