Volkswagen said Wednesday that it forming an automotive cybersecurity company, in conjunction with newly founded CYMOTIVE Technologies. Agreement aims at developing cybersecurity solutions for future vehicles.

CYMOTIVE Technologies led by Yuval Diskin, Tsafrir Kats and Dr Tamir Bechor will develop advanced cybersecurity solutions for next generation connected cars and mobile services, according to Volkswagen.

Through this cooperation Volkswagen is further developing its core capabilities in the field of cyber security and is combining its forces with the expertise of the cyber security specialists from Israel.

“The car and the Internet are becoming increasingly integrated. To enable us to tackle the enormous challenges of the next decade, we need to expand our know-how in cybersecurity in order to systematically advance vehicle cyber security for our customers,” said Dr Volkmar Tanneberger, Head of Electrical and Electronic Development for the Volkswagen brand, at the signing of the agreement.

“CYMOTIVE Technologies provides an excellent platform for doing this. It is a long-term investment in cybersecurity to make vehicles and their ecosystem more secure,” he added.

“The new cooperation will take an innovative and strategic approach to cyber security. Together with Volkswagen we are building a top-notch team of cybersecurity experts,” said Yuval Diskin, former head of the Israeli Security Services, who will be serving as the chairman of CYMOTIVE Technologies.

“We are aware of the significant technological challenges that will face us in the next years in dealing with the cybersecurity threats facing the connected car and the development of the autonomous car,” he added.