Fiat Chrysler hacking risk kept from regulators for 18 months

From: Bloomberg News via Lowell Sun

By Jeff Plungis and Chris Strohm

WASHINGTON — Fiat Chrysler Automobiles waited 18 months to tell federal safety regulators about a security flaw in radios being installed in more than a million vehicles that hackers later exploited to seize control of a Jeep last month.

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The auto industry’s two biggest trade groups, the Alliance of Automobile Manufacturers and the Association of Global Automakers, said July 14 they would form an information-sharing and analysis center by the end of the year to collaborate against emerging cyber threats.

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