Security threats accelerated by connected cars
New technology can drive huge innovation but it also often means new opportunities for cybercriminals to exploit vulnerabilities for financial gain. Unfortunately, it is no different for the automotive industry. By 2020, 150 million connected cars are expected to be on the roads. This offers 150 million plus new targets for cybercriminals keen to hunt down vulnerable data.
As connected cars hit the public eye, everyone is starting to sit up and take notice of this technological advance. In the Queen’s speech earlier this year, even Her Royal Highness addressed the future of the connected car. Her Majesty introduced changes to insurance policies which will allow driverless cars to be insured under ordinary policies.
Interest in connected vehicles is no surprise. Set to be a fantastic boost to the UK economy, they could transform transport systems and the automotive industry. The UK government has even launched a major consultation to ensure British roads are ready for connected cars. Many hope they will result in fewer car crashes, advancements in freedom to travel for those who find it difficult, safer and more efficient transport networks and the creation of new high value jobs in the technology and automotive sectors. With Intel recently confirming that connected cars are the third-fastest growing technological device following phones and tablets, it is clear we should all be keeping an eye on this innovation.