The accessibility of the Internet and the ability to commit fraud remotely creates an appetising prospect for fraudsters. Meanwhile, the potential attack surface for miscreants is enormous; some 94 billion transactions were made for remote goods purchases in 2016, which is only a fraction of the total eCommerce landscape. Meanwhile, advanced security measures are increasingly being implemented to protect against fraud carried out at physical locations. It is for these reasons that fraudsters have developed, and are continually developing, new methods to illegally siphon cash over the Internet.
Beyond the connected car ecosystem, opportunities will present themselves for integration with other ecosystems, such as the smart home and smart city technology. Juniper believes that the true value of the ecosystem will be felt by others outside the connected car ecosystem, such as law makers and MNOs (Mobile Network Operators). The lack of standardisation in the market is especially interesting in the space for ADAS (Advanced Driver Assistance Systems) and autonomous cars.