Intel (NASDAQ:INTC) has set up a team trained to thwart car hackers.

Intel To Fight Car Hackers

Intel (NASDAQ:INTC) announced that it has set up a dedicated team in search for electronic bugs that could make cars vulnerable to lethal computer viruses.

Intel (NASDAQ:INTC)’s McAfee unit is looking to protect the dozens of tiny computers and electronic communications systems that are built into every modern car.

Bruce Snell, a McAfee executive who oversees his company’s research on car security, said that, “The car industry is concerned about the potential for cyber attacks because of the frightening repercussions. If your laptop crashes you’ll have a bad day, but if your car crashes that could be life threatening. I don’t think people need to panic now. But the future is really scary”.

Intel Corp. (NASDAQ:INTC) shares were at 26.23 at the end of the last day’s trading. There’s been a 1.0% change in the stock price over the past 3 months.

Intel Corp. (NASDAQ:INTC) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 5 out of 7 in the industry