Fleet telematics is one of the most important aspects of operating a modern business. Supply chain bottlenecks, such as delays and damaged goods, cost companies a substantial amount of money every year and telematics mitigates those risks. Unfortunately, connected vehicles present potential security vulnerabilities that bad actors may take advantage of. ABI Research recently looked at how Vehicle Manufacturers (VMs), which fall under the sphere of Original Equipment Manufacturers (OEMs) in the automotive industry, keep their telematics data secure in the Secure Data Management in Automotive Telematics research analysis report.
When a company decides to introduce new technology to its operations, they’re also introducing new digital security vulnerabilities that cybercriminals will try to prey upon. As a result, there is rapid growth in the cybersecurity market. ABI Research forecasts that, compared to the 75,000 Hardware Security Module (HSM) shipments in 2021, there will be 125,000 shipments in 2026. Much of the attention is being paid to industrial cybersecurity and manufacturing security. From protecting customer payment credentials to supply chain telematics, cybersecurity is one of the most important aspects of the modern business and there are a few trends worth watching.