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Hackers are very sneaky and with technology becoming a greater part of today’s society, they have become more lethal. These people have caused big data breaches in retail stores, but now they have a new target in sights- the auto industry. Here are 4 reasons why the auto industry is the next big target according to Auto Industry Law Blog.
1. Big Data
The industry has created extremely large databases of consumer information such as customer preferences, financial information, driving statistics, etc. Big databases like these are tempting for hackers.
2. Connected Nature of Cars
Automotive industry studies show more than 60% of new vehicles will be connected to the internet in some way by 2017. These connections provide hackers with ways to gain control of the car’s system and data.
3. Automotive Complexity
Carnegie Mellon University conducted a study, which showed that, on average, commercial software contains between 20 and 30 bugs for every 1,000 lines of code. In terms of a car, that means its’ software could have 1 to 2 million bugs in it, which are a lot that could be exploited by a hacker.
4. Interconnectivity of Carmakers, Dealerships, Suppliers, Vendors
Systems used by carmakers in the design and manufacture of their vehicles are interconnected. Hackers routinely exploit this interconnectedness of complex systems.
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As easy the life gets with the innovation of technology, the risks also grow increasingly. The GPS allows us to find locations so easily, but with this news, people are bound to be scared regarding the safety and privacy!