Two years after General Motors hired its first Chief Product Cyber Security Officer the auto industry released its first ever cybersecurity best practices guide. With the cybersecurity threat expanding rapidly we have to ask ourselves…what’s next?
Cybersecurity is a well-known threat, especially to the auto industry. It is not only the auto dealer’s internal operational and financial systems, but the cars themselves, that pose a cybersecurity threat. As reported by Forbes, it is expected that by the Mid-2020s all new vehicles will have data connections. We have seen significant communication advances between manufacturers and cars. Current products exist where auto dealerships can download and monitor activity of their customers’ vehicles on a real time basis. Faced with statistics like this, now is a more critical time than ever, to take steps to get ahead of hackers.