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Risk Assessment of Vehicle Sensor Data as a Vending Object or Service

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Internet of Things - ICIOT 2020 (ICIOT 2020)

Part of the book series: Lecture Notes in Computer Science ((LNISA,volume 12405))

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Abstract

Connected cars generate a huge amount of vehicle data during operation. In the future, the amount of sensor-generated data will continue to increase. The connectivity of the cars, more powerful processors, and improved telematics and navigation systems will allow the amount of data to grow further. Vehicle data provides a basis for a large number of business models. In addition to selling vehicles, automobile manufacturers can generate additional revenue by selling vehicle-generated data as goods or services. First, a typology of vehicle data is described in order to derive value potentials of data products. Motivated by the value perspective, risks in data transfer to third parties are often neglected. In order to assess these risks, a new risk management model for intangible products like data is presented. The main phases of the risk assessment procedure are walked through, outlining possible criteria and metrics in each phase. Finally, the model is demonstrated by evaluating risks of data transfer to third parties in the automotive industry, using the example of vehicle-generated road segment data.

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Authors and Affiliations

  1. Institute for Factory Automation and Production Systems, Friedrich-Alexander-University of Erlangen-Nuremberg, Egerlandstraße 7-9, 91058, Erlangen, Germany

    Frank Bodendorf & Jörg Franke

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  1. Frank Bodendorf
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  2. Jörg Franke
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Correspondence to Frank Bodendorf .

Editor information

Editors and Affiliations

  1. North China University of Technology, Beijing, China

    Wei Song

  2. Louisiana State University, Baton Rouge, LA, USA

    Kisung Lee

  3. Georgia State University, Atlanta, GA, USA

    Zhisheng Yan

  4. Kingdee International Software Group Co., Ltd., Shenzhen, China

    Liang-Jie Zhang

  5. Kingdee International Software Group Co., Ltd., Hong Kong, China

    Huan Chen

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Bodendorf, F., Franke, J. (2020). Risk Assessment of Vehicle Sensor Data as a Vending Object or Service. In: Song, W., Lee, K., Yan, Z., Zhang, LJ., Chen, H. (eds) Internet of Things - ICIOT 2020. ICIOT 2020. Lecture Notes in Computer Science(), vol 12405. Springer, Cham. https://doi.org/10.1007/978-3-030-59615-6_11

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  • DOI: https://doi.org/10.1007/978-3-030-59615-6_11

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-59614-9

  • Online ISBN: 978-3-030-59615-6

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