Technology has become an essential part of daily life. From the way we get around to the things we buy, computers are at the forefront of change. This is especially true for vehicles.

Vehicle technology has evolved dramatically over recent decades. The latest iteration of vehicle remodelling in the automobile industry is heavily software-focused, from autonomous and connected vehicles to electric vehicles and car-sharing. Software powers the artificial intelligence that drives autonomous vehicles and provides the interface for connected vehicle communication. It also underpins the charging infrastructure of electric vehicles as well as the network that makes car-sharing and ride-hailing possible.

FinConDX 2021

Software allows vehicles to be more intelligent, and it helps them to communicate with each other and with the outside world. This makes driving safer, improves traffic flow, and enables new mobility business models. And in a world where technology is constantly evolving, the role of software in transportation has never been more essential.

Never mind the progress recorded in recent years. One major point is that even though transport operations became limited at the height of the pandemic, that didn’t deter malicious actors. Indeed, automotive cyber attacks actually increased in 2020.

That’s why the auto industry needs to consider cybersecurity carefully going forward. Let’s discuss five things in particular that this sector’s organizations should keep in mind.

Consideration #1: Connectivity and Compounding Risks

The scale of rapid innovation is proportional to the rising spate of attacks across industries, particularly in the nascent world of connected automobiles. Modern vehicles are becoming more and more dependent on connectivity. For all its good, connectivity also expands the attack surface, leaving more room for malicious actors to wreck the vehicle system.

Malicious hackers can access an owner’s vehicle as they drive, and there are numerous points of vulnerability. More so, these (Read more...)