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Hyundai Motor Group’s software unit launches cybersecurity division

Korea Economic Daily LogoKorea Economic Daily2h ago

Hyundai Motor Group’s software unit launches cybersecurity division - Korea Economic Daily

Quick Summary:

The South Korean mobility software provider said on Monday it expanded the existing information security center to a new cybersecurity division with some 200 staff led by Chief Information Security Officer Choi Won-Hyuk.“Hacking attacks using artificial intelligence are on the rise,” said Choi, a privacy and security veteran who spent about 22 years at major South Korean companies such as Naver Corp.before joining Hyundai AutoEver in July.“We aim to provide customers with world-class security service including the best defenses against potential attacks in various areas such as connected cars, the cloud and smart factories.”In South Korea, more than 7 million connected cars have been sold so far, making up about a quarter of all vehicles on the road.

Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division for the sector to address the growing threats to the global auto industry’s moves toward future mobility such as connected cars.

Hyundai Motor Group Executive Chairman Chung Euisun emphasized the world’s third-largest carmaker needs to improve automotive cybersecurity technology.“Security is an important issue directly linked to survival,” Chung said in his New Year speech.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 17:07:59 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22920326

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 12 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 2 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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