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Tesla has updated its software after researchers from China hacked into the operating system of its electric cars. The team from Keen Security Lab remotely manipulated the brake system on a Tesla while it was on the move, from a distance of 12 miles (19km). Using a laptop, the hackers also managed to open a car door without using a key. Tesla has updated its software to prevent anyone else from manipulating its cars.
‘Significant’ Brexit risk for 5,500 UK groups using EU passporting
The scale of disruption that Brexit could cause in the City of London has been revealed by figures showing that 5,500 UK-registered companies rely on “passports” to do business in other European countries. More than 8,000 financial services companies based in the EU or the European Economic Area also rely on single-market passports to do business in Britain, according to figures published by the UK financial regulator on Tuesday. There are growing fears in the industry that when it leaves the EU, the UK will lose the passporting rights that allow financial services companies licensed in one EU state to provide services across the bloc, rather than having to win licences in individual countries.
Millions of motorists are paying around £100 more for car insurance this year – a 13.5 per cent increase. The average premium jumped from £696 to £799 in the year to August, analysis published yesterday revealed.
Older drivers aged at least 50 were hit with the biggest increase after their premiums went up by 15.3 per cent – from £258 to £348. Younger motorists saw their premiums go up by 9.4 per cent from £1,680 to £1,831, according to market research firm Consumer Intelligence. Insurers have blamed the rise for all age groups on an increase in insurance premium tax (IPT) imposed by former chancellor George Osborne. This affected all car, home, private medical and pet insurance policies.
Women in the UK are ‘more likely to be killed in an accident on a rural road than those living in Europe’
Women in the UK are more likely to be killed in an accident on a rural road than those living in Europe, a road safety report for MPs reveals today. It warns that women have a disproportionately higher risk of dying on the nation’s country lanes compared to roads ‘almost anywhere else in the EU’. By contrast, men are more likely to die in road accidents in towns and cities, according to the report commissioned by the Parliamentary Advisory Council for Transport Safety.
Volkswagen Group faces 8.2 billion euros ($9.14 billion) in damage claims from investors over its emissions scandal in the legal district where the carmaker is based, a German court said. A total of about 1,400 lawsuits have been lodged at the regional court in Brunswick near Volkswagen’s Wolfsburg headquarters, the court said today. The Brunswick court said it received some 750 lawsuits on Monday alone, which marked the first business day after the one-year anniversary of VW’s diesel emissions test-rigging scandal. The court said it brought in extra staff to process the suits submitted by shareholders concerned that Sept. 18, the day VW’s manipulations were uncovered a year ago, may be the deadline to file.