Ultimaco Report Highlights In-Car Cyber Risks

Modern cars are packed with tech, but intelligent telematics can provide crucial data for insurers and brokers.
Utimaco, is placing a strategic focus on cybersecurity in the automotive industry, reporting on consumer trust levels in order to help build greater trust in the sector.
According to its recently-published whitepaper Circles of Trust: How the UK Public Perceives Digital Risk, 70% of the UK’s population is worried about the security of their data when using digital services.
Its survey also showed that 43% of respondents were worried about the digital security of their vehicles.
This is likely to be much lower than the level of concern about digital security in general because there have been so few cases of vehicle cybersecurity being breached. While any internet user will have received phishing emails or had their personal data leaked, the kind of digital attacks that could take place in vehicles are either invisible (breaching onboard systems to collect data) or the kind of dangerous events that would attract attention from law enforcement (hijacking a vehicle while it was in motion.)
That said, many UK car owners are happy to sell or PX  their car without clearing all the stored mobile numbers in the car’s comms portal, or the `Home’ GPS location in the SatNav. This creates obvious risks when the vehicle is moved on.
“We are extremely proud to be able to show companies in the automotive industry hard data about how their customers feel about the connected technology that is increasingly common in even the most basic vehicles,” says Ansgar Steden, Chief Revenue Officer at Utimaco. “We see that they are enthusiastic, but they still have concerns, despite a lack of high-profile cases of vehicle cybersecurity being breached. This shows that manufacturers need to better communicate the safety credentials of their vehicles and to work with companies like Utimaco to make sure that this security is able to withstand current and future threats.”

About alastair walker 19532 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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