How Big Is the Risk When Hackers Access Vehicle Data?

Cybercriminals always look out for opportunities to exploit new technology. Electric vehicles (EVs) and charging stations, like any other device connected to the internet, are vulnerable. Many security professionals believe drivers could be at risk because the EV charging point is often overlooked. They argue that automotive companies are ramping up their new EV production, but the industry is ignoring the cybersecurity concerns. So, what happens when threat actors extract vehicle data? In this article at The Next Web, Ioanna Lykiardopoulou explains how to identify potential cyberattacks and ways to prevent them.

Threats Are Emerging from Electric Vehicle Data

Internet-connected management systems offer an array of valuable capabilities like remote monitoring, scheduling, and user billing. However, they come with a significant drawback: as with virtually every device connected to the internet, they’re prone to cyberattacks,” says Lykiardopoulou. What happens when hackers steal data? Since the charging point actively communicates with the car, the hackers can collect users’ personal information and records. Furthermore, threat actors can use vehicle data for surveillance, identity theft, payment fraud, and blackmail. According to experts, if such EV hacking cases amplify in the future, it can be a massive setback for the EV industry.

How to Protect the Data

Stations collect sensitive information such as payment, demographic, and location data, including IP numbers and email addresses. Indeed, EV management systems are identical to the Internet of Things (IoT) products and markets. Many security professionals point out that an EV user cannot do anything about security. But at a manufacturing level, charging station makers and EV manufacturers must improve the security level of their end products.

As the market evolves, so does the security within the products, opines experts. EV manufacturing companies must seek third-party solutions to overcome security threats and incorporate best practices into their development cycles.

To read the original article, click on https://thenextweb.com/news/ev-charging-stations-can-be-hacked-heres-what-you-need-to-know-research.

The post How Big Is the Risk When Hackers Access Vehicle Data? appeared first on AITS CAI’s Accelerating IT Success.

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