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Consequently, rise of this technological trend is bringing forth safety and cybersecurity challenges in form of new threats, hazards and vulnerabilities. As per the recent UN vehicle regulation 155, several risk-based security models and assessment frameworks have been proposed to counter the growing cybersecurity issues, however, the high budgetary cost to develop the tool and train personnel along with high risk of leakage of trade secrets, hinders the automotive manufacturers from adapting these third party solutions. ...As per the recent UN vehicle regulation 155, several risk-based security models and assessment frameworks have been proposed to counter the growing cybersecurity issues, however, the high budgetary cost to develop the tool and train personnel along with high risk of leakage of trade secrets, hinders the automotive manufacturers from adapting these third party solutions.