Cybersecurity in Automotive – Thematic Intelligence
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Cybersecurity in Automotive Thematic Report Overview
Cybersecurity is crucial for all automotive businesses to prevent hackers from compromising the safety and advanced driver assistance systems (ADAS) of a vehicle in use or, worse, manipulating any autonomous functionality to directly cause a crash. At a higher level, automotive companies are also at risk of industrial cybercrime, such as the theft of valuable tech secrets or damage to their digital infrastructure.
The ‘Cybersecurity in Automotive’ thematic intelligence report provides insights into the cybersecurity theme and the impact it will have on the automotive industry. It provides a comprehensive analysis of the industry, including real-life case studies that showcase how the healthcare industry has responded to the impact of this theme on its operations. The report identifies the key market trends that will shape the automotive industry over the coming years and also gives an insight into the market players and the competitive landscape within the cybersecurity theme.
Report Pages | 52 |
Regions Covered | Global |
Value Chain | · Hardware
· Software · Services |
Leading Cybersecurity Adopters | · BMW
· Ford · General Motors (GM) |
Leading Cybersecurity Vendors | · Accenture
· Alphabet(parent company of Google) · Check Point Software |
Specialist Cybersecurity Vendors | · Argus Cyber Security
· Blackberry · Cybellum |
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Cybersecurity - Value Chain Analysis
The cybersecurity value chain comprises three main segments, hardware, software, and services. Software value chain areas can be further sub-segmented into identity management, network security, and others.
Cybersecurity Value Chain Analysis
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Cybersecurity in Automotive – Competitive Landscape
A few of the leading automotive companies currently deploying cybersecurity are:
- BMW
- Ford
- General Motors (GM)
A few of the leading vendors associated with cybersecurity are:
- Accenture
- Alphabet (parent company of Google)
- Check Point Software
A few specialist cybersecurity vendors in the automotive sector are:
- Argus Cyber Security
- Blackberry
- Cybellum
Key Companies Deploying Cybersecurity in Automotive
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Scope
The report:
- Identifies those companies most likely to succeed in a world filled with disruptive threats.
- Predicts how each theme will evolve and identifies the leading and disrupting companies.
- Covers the cybersecurity theme.
Key Highlights
- The cybersecurity vulnerabilities specific to the auto industry are numerous. Hackers could compromise the safety and advanced driver assistance systems (ADAS) of a vehicle in use or, worse, manipulate any autonomous functionality to directly cause a crash. Bad actors could also access vehicle occupants’ private information such as current location, previous GPS destinations, or smartphone contacts. As automakers increasingly rely on over-the-air (OTA) updates to remotely add or upgrade vehicle features, cybersecurity efforts will be needed to ensure these methods are insulated from threat actors.
- At a higher level, automotive companies are also at risk of industrial cybercrime, such as the theft of valuable tech secrets or damage to their digital infrastructure. Insurance firm Munich Re expects global cybercrime damage across all industries to reach $10.5 trillion by 2025 compared to $6 trillion in 2021. The risk of cybercrime in the automotive industry continues to grow as vehicles become more connected and introduce more digital functions. Cybercrime already poses a significant threat to automotive players, with the well-known case of the Landwind X7 copying the design of the Range Rover Evoque being a prime example.
- Ransomware attacks impacted Honda, Volkswagen (VW), Peugeot, and Kia across 2020 and 2021, with other OEMs suffering data breaches. Many of the largest OEMs are still woefully unprepared, as demonstrated by a 2021 CyberAware survey of the 14 OEMs responsible for $1.1 trillion in car industry revenue annually. CyberAware identified over 800,000 unprotected documents hosted on exposed servers, clouds, and databases, with 215,000 employees having exposed or compromised credentials. The exposed information included commercial details, email exchanges, contracts, invoices, and technical data.
Reasons to Buy
- GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying important themes early, enabling companies to make the right investments ahead of the competition and secure that all-important competitive advantage.
- Develop and design your corporate strategies through an in-house expert analysis of cybersecurity by understanding the primary ways in which this theme is impacting the automotive industry.
- Stay up-to-date on the industry’s major players and where they sit in the value chain.
- Identify emerging industry trends to gain a competitive advantage.
Tesla
GM
SAIC
Volkswagen
Geely
Hyundai
Kia
Toyota
BMW
Baidu
Mercedes-Benz
Digilens
Volkswagen
Stellantis
Renault
GM
Ford
Upstream Security
Panasonic
Cybellum
Table of Contents
Frequently asked questions
-
What are the key components of the cybersecurity value chain?
The cybersecurity value chain is made up of three segments, hardware, software, and services.
-
Which are the leading cybersecurity adopters associated with the theme?
A few leading automotive companies currently deploying cybersecurity are BMW, Ford, and General Motors (GM).
-
Which are the leading cybersecurity vendors?
A few leading vendors associated with cybersecurity are Accenture, Alphabet (parent company of Google), and Check Point Software.
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