Some automotive companies pay hackers 'bug bounties' to find software vulnerabilities in their vehicles.
Automakers are so worried about vehicle and software security gaps that they are paying hackers to uncover vulnerabilities.
Automakers want to find problems before hostile hackers uncover vulnerabilities they can exploit, which could allow them to gain access to a driver's personal information or even control a car for ransom. "With any new technology, this is a very typical situation," he said."When Wi-Fi and Bluetooth started 25 years ago, it took years for those technologies to be seamless and mature."
"Everyone's making big moves and big investments," Tierney said."It's not always obvious to the end consumer with everything that's happening." Stellantis, which uses Bugcrowd, another San Francisco cybersecurity management company, pays $150 to $7,500 per vulnerability discovered, with an average payout of $737.50 over the past three months. Yet hackers at a February conference in Miami exploring industrial cyber vulnerabilities earned $5,000 to $40,000 per breach, news site SecurityWeek reported.
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