Volkswagen is founding a new cybersecurity firm to prevent car hacking

As cars become more computerized, they're also facing a greater risk of being hacked. That's why Volkswagen is founding a new cyber security company devoted to protecting next-generation vehicles. On Wednesday, the automaker said it would partner with a former Israeli intelligence agency director to jointly establish a new company, called Cymotive Technologies. It's unclear how much Volkswagen is investing in the new firm, but security experts have been warning that internet-connected cars and self-driving vehicles could one day be a major target for hackers. Even older cars from Volkswagen are vulnerable.