BlackBerry working with automakers on anti-hack tool, claims analyst

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Matthew Clarke, a spokesman for Aston Martin, said in an email he was not aware of the company testing such a product. Representatives with Range Rover’s parent company, Jaguar Land Rover, could not be reached for comment.The service could be launched as early as next year, generating about $10 a month per vehicle for BlackBerry, according to Papageorgiou, who has followed BlackBerry for more than 15 years.

Vehicles increasingly rely on dozens of computers that connect to each other as well as the internet, mobile networks and Bluetooth communications systems that make them vulnerable to remote hacks.”Although a connected, more software-centric automobile offers tremendous advantages to consumers, it also opens the doors to hackers,” Papageorgiou wrote in his note.

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Automaker interest in cyber security has risen dramatically since 2015, when two hacking experts uncovered vulnerabilities in Fiat Chrysler vehicles that led to a US recall of 1.4 million autos. BlackBerry shares rose 5.3 percent to close at C$13.84 after touching C$14.15, the highest since March 2015.