Upstream’s 2022 Global Automotive Cybersecurity Report Highlights Actionable Insights Amid New Regulations

This state of the industry cybersecurity report breaks down the implications related to legislation and vehicle security. The Automotive industry is projected to lose a staggering $505 billion by 2024 to cyber attacks. Hackers are becoming more sophisticated with 84.5% of 2021 attacks carried out remotely.

HERZLIYA, ISRAEL – January 26, 2022 – Upstream, the creator of industry-leading cloud-based cybersecurity and data management platform for connected vehicles, announced the release of its fourth annual Automotive Cybersecurity Report. The 2022 Global Automotive Cybersecurity Report provides a comprehensive view of the cybersecurity threat landscape faced by the automotive industry. The data and the in-depth analysis compiled by Upstream’s expert analysts are based on over 900 connected vehicles cybersecurity incidents from over a decade of smart mobility, with a spotlight on 2021.

Last year brought a staggering evolution in car attacks, seeing hackers blend advanced technologies with sophisticated methodologies. Upstream’s analysts researched beyond individual or localized attacks to identify global trends that impact car manufacturers (OEMs) and their suppliers. “50% of vehicle thefts across the UK in 2021 involved keyless entry attacks and 82% of overall global attacks were carried out remotely, needing no physical access to the car,” said Yonatan Appel, Co-founder & CTO of Upstream.

Even more concerning is that in 2021, over 54% of attacks were conducted by Black-hat actors, presenting a bigger challenge than ever in meeting new regulatory expectations. To boost industry awareness of global standards, such as UNECE WP.29 amendments set to take effect this year and the new ISO/SAE 21434 standard, the report gives real-world examples of how violations look in the field. 

”With today’s revolution in automotive connectivity and the exponential growth in the number of connected vehicles on the road, it is imperative for the automotive industry to understand, predict, and combat rising cybersecurity threats,” said Yoav Levy, CEO & Co-founder of Upstream. “This report brings the most updated  attack trends into clear focus so all industry stakeholders can be equipped with the data they need.”

As the leading provider of cybersecurity solutions purpose-built for connected vehicles, Upstream has access to vast amounts of smart mobility data. “We make it our mission to provide the information, tools, and solutions to empower the industry to protect itself and its stakeholders,” said Guy Molho, VP of Product at Upstream. “Expert automotive-analysts, the same ones that uncover incidents for our AutoThreat® Pro, give our customers the critical insights they need to mitigate future attacks and effectively comply with standards and regulations.”

Beyond incidents and evolving attacks, the Upstream automotive cybersecurity report offers an overview of the cybersecurity risk management solutions landscape. It also highlights the criteria for deploying effective safeguards in light of cybersecurity threats that are rising in magnitude and sophistication.  

 

About Upstream:

Upstream provides a cloud-based data management platform purpose-built for connected vehicles, delivering unparalleled automotive cybersecurity detection and response (V-XDR) and data-driven applications.

The Upstream Platform unlocks the value of vehicle data, empowering customers to build connected vehicle applications by transforming highly distributed vehicle data into centralized, structured, contextualized data lakes. Coupled with AutoThreat® Intelligence, the first automotive cybersecurity threat intelligence solution, Upstream provides industry-leading cyber threat protection and actionable insights, seamlessly integrated into the customer’s environment and Vehicle Security Operations Centers (VSOC).

Upstream’s customers include some of the world’s leading automotive OEMs, suppliers, and others, protecting millions of vehicles.

 Media contact: [email protected]

Newsletter Icon

Subscribe
to our newsletter

Stay up-to-date on the latest trends, emerging risks, and updates

Upstream Welcomes ex-Fujitsu Executive to Expand Operations in Japan

Mr. Toshiya Sato will spearhead Upstream’s accelerated growth in the region; Upstream also releases the Japanese edition of its 2024 Global Automotive Cybersecurity Report 日本語プレスリリ�

More Details

Upstream Security and Drivesec Team Up to Offer Automated Penetration Testing with Real-time Threat Monitoring for Automotive and IoT

The joint offering expands and automates cyber risk assessments, testing, and compliance with product-driven threat intelligence as well as detection & response Torino, Italy &…

More Details

Upstream Security Receives Investment from Cisco Investments as the Demand for IoT Cybersecurity Soars

Connected vehicles and mobile IoT devices introduce additional layers of cyber risks, posing threats to operational availability and sensitive data security Read more on Cisco’s…

More Details

Upstream unveils Ocean AI to improve investigations and mitigation of complex cyber attacks

Upstream’s Ocean AI powers the next generation of the mobility and vehicle security operations center (vSOC), delivering unprecedented efficiencies, scalability, and optimizations Ann Arbor, MI&hell

More Details

Upstream Security Named Newest Member of CLEPA, the European Association of Automotive Suppliers

Upstream joins world-leading experts in contributing insight on critical policies in the field of cybersecurity in automotive Herzliya, Israel – March 14, 2024 – Upstream…

More Details

Upstream’s New 2024 Automotive Cybersecurity Report is Officially Released

Latest insights show that high-scale cyber incidents doubled in 2023, with attacks growing in sophistication and magnitude Ann Arbor, MI – February 7, 2024 –…

More Details