Both the aerospace and automotive sectors are focusing heavily on digital innovation, so it is paramount that companies in this space increasingly focus on upping their digital and physical security measures. For companies in these sectors, cybersecurity should be top of their mind. Although these industries are not traditionally thought of as being at risk for data privacy breaches, they are fast becoming lucrative targets for malicious (black hat) hackers who disrupt day-to-day business, steal data or property and demand ransom.
In an increasingly connected world, 330 million vehicles are already connected via the internet in order to provide more seamless and robust services to drivers. Top American car brands intend to only sell connected vehicles in the coming years. According to the 2020 Automotive Cybersecurity Report by Upstream, automotive cybersecurity breaches annually have soared 605% since 2016, with the number of incidents doubling in 2018 alone. The top three systems most susceptible to security breaches over the last 10 years have been keyless entry systems (37%), backend servers (27%), and mobile apps (13%). While these breaches spell the loss of revenue and supply chain disruptions for manufacturers, there are also severe implications for consumers who have their property and personal information stolen.
Similarly, in the aviation industry cyber-attacks have also been on the rise. As per EUROCONTROL cyber-attacks in the sector rose 530% between 2019 and 2020 alone. Although not all successful, each attack has important implications for the whole industry due to the potential for far-reaching impact not only on manufacturers and operators but passengers and personnel as well.
The need for data protection as well as imposing regulations in the smart mobility space has become clear over the last few years. As Forbes boldly declared in 2011, in an Internet of Things (IoT) driven world, every company is now (at least partly) a software company.
For the automotive sector, security research has revealed several technical vulnerabilities that make connected cars susceptible to cyberattacks. The existing standards and guidelines for securing hardware and software in vehicles are quite narrow and cover only specific technical processes, e.g. hardware encryption or secure data transfer and communication between electronic control units. This is set to change with The World Forum for Harmonization of Vehicle Regulations (WP.29), under the UN Economic Commission for Europe (UNECE) working on new regulations on cybersecurity for connected vehicles and over-the-air software updates. The regulations will ensure that cybersecurity becomes an intrinsic and non-negotiable part for any car brand looking to secure market access.
In the aeronautical space, the concerns are similar. In the US, the departments of Defence, Transportation and Homeland Security have all launched cybersecurity initiatives impacting aviation. In the EU the European Union Aviation Safety Agency has also been working on developing a cybersecurity plan to combat threats to both operators and the air traffic management system alike. Even key industry groups such as the Aerospace Industries Association and National Business Aviation Association recognize cybersecurity as a major issue facing the industry.
As the leader in strong cryptographic technology, Cryptomathic provides the Automotive and Aerospace sectors with best-in-class security solutions for mobile app protection, crypto-agility, key management and qualified electronic signing.
Cryptomathic’s solutions help secure your digital assets, enabling you to grow your business, where our expertise provides the right balance between usability and the best available protection.
Cryptomathic’s solutions are aimed at addressing requirements for:
"With Cryptomathic’s issuing and authentication solution, Elan is now providing an integrated solution that delivers the end-to-end EMV environment, from card issuance to payment authorization. This is a great benefit for Elan and our clients - improving efficiency and security while achieving compliance."
"Previously, our clients had to print, sign and send documents manually for compliance reasons. Now they can do it in a smart, easy and time-saving way. Thanks to the Cryptomathic Signer solution they can sign their contracts digitally in e-Banking – while meeting all legal and compliance requirements."
“CSG has enabled us to accelerate the delivery of crypto applications while generating financial and effort savings.”
“Cryptomathic’s solution has enabled Swedbank to meet its compliance requirements and significantly reduce the cost of key management to security operations.”
“Initially selected as a technology supplier, Cryptomathic is now a key partner for the ongoing development and expansion of our strong authentication and digital signature service portfolio. Cryptomathic has been more than capable of understanding our market requirements and together, we are now taking the additional step of launching an innovative offering in mobile security”
“We are delighted with the service provided by Cryptomathic in delivering a robust, flexible and future proof authentication solution for the Open24 channels. We got exactly what was promised on day 1 and customer feedback has been good.”
“We chose to partner with Cryptomathic for its market-leading position and unrivalled experience in this field. The CardInk solution offers First Data and our clients the security, flexibility and scalability required in today's rapidly evolving payments market.”
“Cryptomathic CardInk has been chosen as the only external element to the MasterCard Mobile Over-the-Air Provisioning Service, as it provides MasterCard with an industry-leading data generation solution, which is highly secure, efficient and scalable to future programme requirements.”
At the leading edge of security provision within its key markets, Cryptomathic closely supports its global customer base with many multinationals as longstanding clients.
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