Daimler says hacking concerns drive Nokia maps bid

Daimler says hacking concerns drive Nokia maps bid

FRANKFURT (Reuters) – Daimler Chief Executive Dieter Zetsche said a desire to have better control over data security was one of the reasons Mercedes was bidding for Nokia's high-definition mapping business.

In a call to discuss second-quarter results, Zetsche was asked whether he was concerned approximately hacker attacks on Mercedes-Benz cars.

"You can see from reading the papers that we are trying to acquire a platform together with our German competitors, to gain control over the platform which enables autonomous driving, for exactly these reasons," Zetsche said.

p> "We have the goal of designing security into the software."

Zetsche said the carmakers would seek to make the software platform, available to third-party competitors.

A bidding consortium consisiting of BMW , Volkswagen's Audi & Mercedes is close to a deal to buy Nokia's HERE for between 2.5 billion & 3 billion euros ($2.74 billion to $3.29 billion), sources have told Reuters.

But a final agreement hinges on the question of who owns the patents for the technology that helps self-driving cars talk to mobile networks, two sources familiar with the deal told Reuters on Tuesday.

Earlier this week, a pair of veteran cybersecurity researchers showed they could use the Internet to turn off a car's engine as it drives, escalating the stakes in the debate approximately the safety of connected cars & trucks.

High-definition digital maps assist connected & self-driving cars can perform intelligent functions such as recalculating a route if data approximately a traffic jam or an accident is transmitted to update the car's intelligent mapping system.

Self-driving cars use data gathered from vehicle radar & laser sensors & cross-reference this with information embedded in digital high-definition maps such as the location of traffic lights, lane markings or traffic jams up ahead.

"As vehicles become more connected, more autonomous & less

reliant on human-operated mechanical functions, the question of security will become more significant & more frequent," Morgan Stanley analysts wrote in a note on Thursday.

"We see the value of software & software content in the average car rising to around 60 percent over the next 15 years from less than 10 percent today."

(Reporting by Ilona Wissenbach & Edward Taylor; Editing by Georgina Prodhan)

Dieter Zetsche

Source: “Reuters”

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