Fact File: 2024 Automotive Cyber Security Risks & Challenges in 2024

Cybersecurity threats are not static; it’s a dynamic environment that’s ever-changing. Every day, there is a new potential threat, and while technology is becoming more sophisticated, so are threat actors with new security dangers emerging constantly, making cybersecurity not only valuable but essential for the automotive industry. 

At the same time, the regulatory landscape is presenting further challenges. Last year, ISO/SAE 21434 was new, and automotive companies were trying to figure out what it meant; OEMs are now implementing and responding to it. There is now a June/July 2024 deadline by which pretty much all vehicles impacted by UN ECE R155/R156 will need to be compliant. 

There is a lot of fear and uncertainty around how security in the automotive industry will be impacted by artificial intelligence (AI). And as AI, vehicle autonomy, and connectivity increase exposure to attacks, it has never been more important to be fully aware of emerging threats and strengthen cybersecurity programs. 

Reflecting on the ever-evolving environment of cybersecurity, this fact file uncovers the top risks and challenges that the automotive industry is facing in January 2024:

1. The Impact of AI on Automotive Cybersecurity 

2. Cyber Regulations: A Shifting Compliance Landscape 

3. New Cybersecurity Challenges of Software-Defined Vehicles