Cybercriminals Batter Automakers With Ransomware, IP Theft Cyberattacks

Cybercriminals are recognizing that the data that automotive companies have to offer - from customer and employee personal identifiable information (PII) to financial data - are invaluable. Paul Proudhomme, cyber threat intelligence analyst at IntSights, warns that this is translating into cyberattacks - whether it's aimed at Intellectual Property (IP) theft, or ransomware. And, with the ongoing pandemic shaking up both the sales and supply chain across the automotive industry, the risks of cyberthreats are only adding on to an existing pile of problems.