Security News
Eagers Automotive has announced it suffered a cyberattack and was forced to halt trading on the stock exchange as it evaluates the impact of the incident. Eagers Automotive is the largest operator of car dealerships in Australia and New Zealand, with over 300 selling points for brands such as Toyota, BMW, Nissan, Mercedes-Benz, Audi, Ford, VW, and Honda.
In this Help Net Security video, Jay Yaneza, Cybersecurity Architect at VicOne, discusses how, in the first half of the year, cyberattacks on the automotive sector caused losses exceeding $11 billion. These attacks mainly targeted automotive suppliers, not OEMs, showing an increasing trend in supply chain vulnerabilities.
The Qilin ransomware group has claimed responsibility for a cyber attack on Yanfeng Automotive Interiors, one of the world's largest automotive parts suppliers. The Qilin ransomware group, also known as "Agenda," claimed the attack on Yanfeng by adding them to their Tor data leak extortion site yesterday.
As connected cars become a standard feature in the market, the significance of automotive cybersecurity rises, playing an essential role in ensuring the safety of road users. In this Help Net Security video, Samantha Beaumont, Principal Security Consultant at IOActive, sheds light on the challenges and possible solutions to the cybersecurity threats that modern vehicles encounter.
While it seemed like automotive cybersecurity would never outpace these modern laptop-wielding gearheads, John Heldreth, Head of Car Security Operations at Volkswagen AG, had a different idea. Taking a unique approach, John offers another way to view cybersecurity.
30% of automotive employees don't check security protocols before trying a new tool, according to Salesforce. 34% of automotive employees in Salesforce's survey said their company receives more security threats now than two years ago.
Paul Cha is a cyber and product security leader, serving as the VP of Cybersecurity at LG Electronics Vehicle component Solutions. Paul started his career in cyber security work as a senior security solution development engineer, where he focused on smart appliances such as smart TVs and smartphones.
The LockBit ransomware gang has claimed responsibility for a cyberattack against the German multinational automotive group Continental.Since LockBit says that it will publish "All available" data, this indicates that Continental is yet to negotiate with the ransomware operation or it has already refused to comply with the demands.
An automotive supplier had its systems breached and files encrypted by three different ransomware gangs over two weeks in May, two of the attacks happening within just two hours. The attacks followed an initial breach of the company's systems by a likely initial access broker in December 2021, who exploited a firewall misconfiguration to breach the domain controller server using a Remote Desktop Protocol connection.
TB Kawashima, part of the Japanese automotive component manufacturer Toyota Boshoku of the Toyota Group of companies, announced that one of its subsidiaries has been hit by a cyberattack. On Thursday, TB Kawashima announced that one of its subsidiaries, a Thai sales company, had been breached, prompting immediate action that consisted in turning off devices that the attacker accessed.