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Cybersecurity in Automotive and Mobility Sector

Cybersecurity in Automotive and Mobility Sector

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Automotive manufacturers are making more vehicle with greater degrees of connectivity – which means that the potential of cyber-crime to occur increases with it. Despite more complex software, they are still very as vulnerable as any other internet-connected computer and devices. The figure above illustrates the relationship of scope and severity of risk, in terms of vehicle control and use.

According to experts, there have been numerous incidents in which these ‘bad actors’ disrupt the network of mobility devices. On top of that, gaining control of a network consists of multiple devices connected to it, is no longer a myth.

A lot of cybersecurity methods have been established, in order to prevent the growing number of vehicle related cyber-crime. Cybersecurity is a method of protecting computers, networks, programs and data from cyber –attacks, unauthorized access, breaches, etc. Even so, it is only a term that encompasses various types of security. The most common types are application security, information security, disaster recovery, network security, and website security.

 

What are the risks?

As the future of mobility offers new sources of value creation and potential growth, it also poses a new types of risk.

Hacked Autonomous Vehicle Crashing: The potential collisions caused by compromised vehicles present physical danger to the vehicle’s occupants. Thus, self-driving cars’ safety is one of the most often cited issues as it deals with people’s lives.

Data Theft: Autonomous cars depends on connectivity and complex network infrastructure by providing real-time data (from global positioning to road conditions). Though this may be beneficial to managing road traffics, the massive unique data it holds could present as a ripe platform for digital thieves.

Malicious Ransomware: Since modern cars are highly reliant on computer chips and more than 100 million lines of computer code, it invites ransom-seeking hackers to use their so called “negotiation” skills and cause hostage situation.

Holistic view of people’s lives: As people are using more and more public transport and rely on its mobility benefits, their information could be exposed to hackers and accumulated for pattern recognition, be it; where they go, when, and for what purpose.

 

Comprehensive Approach To Cybersecurity

Governments, businesses, and consumers are continuously preparing themselves for modern threats by being more proactive on how they approach cybersecurity, making it less about the process and more about the practice of safety.

The degree of risk should be made acceptable to both consumers and regulators as it is a key challenge for players in the mobility ecosystem. After all, every actions can never be risk-free which means, it also applies to a world of shared and autonomous vehicles. The associated ecosystems have to be secure, alert and adaptable.

Secure – Development of risk-focused controls has its own benefits – especially in balancing the need to mitigate the risk, enabling productivity and business growth, as well as cost optimization.

Alert – Establishment of monitoring solutions that are focused on critical business processes, combined with integration of threat data, IT data, and business data can help companies to equip themselves with context-rich alerts. This would help with both incident handling and investigation.

Adaptable – Being resilient and proactive towards internal or external changes – disruption, demands, opportunities, and threats – is a great approach in operating the ecosystem.

 

What To Expect in This Field?

Securing the new mobility ecosystem is a difficult challenge because of its high stakes. Despite the prevailing circumstances, by 2020, its market is expected to grow to 170 billion USD and it has led to an increase in demand for jobs, courses, and programs. Winning this cyberwar is no longer an option – as it is a necessity for every organizations, so that they could thrive, and not only survive. Therefore, effective cybersecurity management and strategy are a good integration for all organizations, regardless of their scale – especially with the increasing interconnectedness of organizational systems and networks.

 

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