Public demonstrations by security researchers highlight potential dangers of cyber security vulnerabilities in transportation
A new report from Navigant Research explores the automotive cyber security landscape, with global market forecasts of light duty vehicles (LDVs), built-in teleTematics installations, vehicles capable of over-the-air (OTA) updates, and installations of malware prevention, through 2025.
With well-publicized cyber-attacks in other industries, in addition to revelations about government surveillance and the ongoing threat of terrorism, it has become increasingly important to design transportation systems and vehicles from the ground up with cyber security in mind. As the personal mobility ecosystem is expected to transform over the next several decades with the deployment of new automation and communications technologies, engineers seek to address potential cyber security issues before they become a problem. Click to tweet: According to a new report from @NavigantRSRCH, by the end of 2025, nearly half of all global LDV sales are expected to include telematics capabilities that will enable OTA software updates to address cyber security, functionality, and regulatory compliance issues.
“One motto of computer security experts is that convenience is the enemy of security—as in the easier it is to access and use a computing system, the higher the risk that malicious actors will be able penetrate and exploit that same system,” says Sam Abuelsamid, senior research analyst with Navigant Research. “As modern vehicles become increasingly connected and automated, the potential for a catastrophic cyber-attack increases dramatically.”
Recent public demonstrations by security researchers have highlighted the potential dangers of cyber security vulnerabilities and have incented the transportation industry to act more aggressively to minimize potential attack vectors and impacts, according to the report. While it is virtually impossible to guarantee absolute security in a complex, connected electronic system, original equipment manufacturers (OEMs), suppliers, and other stakeholders are working aggressively to improve cyber resilience.
The report, Automotive Cyber Security, examines the market landscape for automotive cyber security, including the risk factors and the technologies that could help reduce the risks and mitigate the effects of a cyber-attack. The study provides an in-depth analysis of the potential attack vectors, the impacts of a successful attack, and potential technical solutions and costs. Global market forecasts of LDVs, built-in telematics installations, vehicles capable of OTA updates, and installations of malware prevention are broken down by region and country and extend through 2025. The report also covers the major market drivers for improving automotive cyber security and provides profiles of the key market players. An Executive Summary of the report is available for free download on the Navigant Research website.
Contact: Lindsay Lorenz
* The information contained in this press release concerning the report, Automotive Cyber Security, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.