Smart cars scam...be aware.

  1. 23,868 Posts.
    lightbulb Created with Sketch. 33
    https://arstechnica.com/cars/2018/0...ats-happening-with-their-connected-cars-data/

    Connected cars are booming. On Tuesday, Chetan Sharma Consulting revealed that 2017 saw more new cars added to cellular networks than new cellphones. In particular, it noted that AT&T has been adding a million or more new cars to its network each quarter for the last 11 quarters. While Chetan Sharma didn't break out numbers for other service providers, it also revealed that Verizon is set to make at least $1 billion from IoT and telematics. And previous research from Gartner suggested that, this year, 98 percent of new cars will be equipped with embedded modems.

    A survey out this week from Solace that polled 1,500 connected car owners found that they still don't really trust the technology.

    But the bit of Solace's survey I found most interesting was the widespread ignorance regarding data collection. Only 38 percent of connected car drivers knew that their cars could store personally identifiable information about them, with 48 percent unaware this was the case. And that's important because that PII is being viewed as a goldmine.
    Ben Volkow, CEO of Otonomo, told me that, by 2020, bundling and selling data from connected cars will be a massive new revenue stream for the OEMs, on the order of billions of dollars a year. Car companies will bundle data together—for example, a fuel bundle might include the odometer reading, fuel level, oil level, tire pressures if available, and battery charge.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.