autonomous car cyber risk News

Carmakers, Ride-Hail Firms Stress Digital Even As Vehicle Cyber Risks Worsen

Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in apps to go on “phantom rides” with someone else’s profile. From such trips—like a man in Australia who went on …

Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch

Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report published by Fitch Ratings. “The question of who …

Risk Managers Fear Cyber and Liability Risks of Autonomous Vehicles: Survey

Cybersecurity is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted by Munich Re. The world’s second-biggest reinsurer found that 55 percent of corporate risk managers surveyed named cybersecurity as their …