Cyber hacks may cost the auto industry $24 billion within five years, according to a new study released by Upstream Security.
Dec. 17, 2018
Dec. 17, 2018—Cyber hacks might cost the auto industry $24 billion within five years, according a new study released by Upstream Security.
Issues range from connected vehicles and include safety critical vehicle systems to data center hacks on back-end servers. Connected cars, autonomous vehicles, ride-sharing services and aggregated transport of all kinds are adding complexity and risk at a significant rate.
Upstream issued its first comprehensive report studying the impact of more than 170 documented, Smart Mobility, cyber incidents reported between 2010-2018 and projects future trends based on that eight-year history. The Cyber Readiness Institute also announced today the launch of the Cyber Readiness Program, to educate and equip small and medium-sized businesses with tools and resources to address four cybersecurity issues: authentication, phishing, patching and USB use.The program focuses on embedding basic cyber policies and processes into a company’s operating culture.
According to the Verizon 2018 Data Breach Investigations Report (DBIR), 58 percent of data breach victims globally are small businesses.
Classes are filling up for the educational component of AASP/NJ’s NORTHEAST 2025 Automotive Services Show set for March 14-16 at the Meadowlands Exposition Center in Secaucus,...
