Top automotive tech obstacles: Cybersecurity, software quality and functional safety

Molex announced the results of a global survey that examines the pace of innovation accelerating the development of next-generation vehicle architectures and driving experiences. While participants expressed optimism over increased adoption of digital technologies, they also identified tough technology, industry and ecosystem challenges that must be overcome to meet demands for vehicles equipped with software, […]

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Automotive cybersecurity industry to reach $32.41 billion by 2030

The global automotive cybersecurity industry was pegged at $7.23 billion in 2020, and is expected to reach $32.41 billion by 2030, growing at a CAGR of 16.6% from 2021 to 2030, according to Allied Market Research. Drivers, restraints, and opportunities Rise in need for automotive cybersecurity, mandatory cybersecurity standards, and government initiatives for implementing connected […]

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Today’s cars are mobile data centers, and that data needs to be protected

In a recent report, AlixPartners estimate that the global microchip shortage will cost car manufacturers $110 billion dollars in 2021, through the lost production of around 3.9 million vehicles. The impact of this supply chain issue demonstrates how vital microelectronics and computational power have become within the context of modern vehicle design. As hybrid powertrains […]

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CAM sector cybersecurity challenges and how to mitigate them

ENISA discloses an in-depth analysis of the cybersecurity challenges faced by the connected and automated mobility (CAM) sector and provides actionable recommendations to mitigate them. The CAM sector in a nutshell Today, connected vehicles, environments and infrastructures need to be designed with new capabilities and features. These capabilities and features should aim to provide: increased […]

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Cybersecurity risks connected to AI in autonomous vehicles

By removing the most common cause of traffic accidents – the human driver – autonomous vehicles are expected to reduce traffic accidents and fatalities. However, they may pose a completely different type of risk to drivers, passengers and pedestrians. Cybersecurity and autonomous vehicles Autonomous vehicles use artificial intelligence systems, which employ machine learning techniques to […]

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Financial impact of cyber-physical system attacks expected to grow

Liability for cyber-physical security incidents will pierce the corporate veil to personal liability for 75% of CEOs by 2024, according to Gartner. Due to the nature of cyber-physical systems (CPSs), incidents can quickly lead to physical harm to people, destruction of property or environmental disasters. Gartner analysts predict that incidents will rapidly increase in the […]

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