Protect Your Fleet from Cybersecurity Risks with These Proactive Strategies

According to recent data, the global cost of cybercrime is expected to surge in the next four years across hundreds of industries, rising from $9.22 trillion in 2024 to $13.82 trillion by 2028. And the transportation sector is no exception. In this piece, we’ll examine the major cybersecurity challenges transportation companies face and what steps they can take to mitigate the risks.

Article Highlights:

• Transportation companies face ever-increasing cybersecurity threats to their infrastructure, operations, revenue and employees.
• Much of the technologies companies rely on have vulnerabilities they might not realize are there until its too late.
• Employing solutions, such as cloud-based applications, that are designed to thwart cyber criminals and are persistently updated to address new risks is key to avoiding pitfalls.

The Stakes for Transportation

As the world of commercial transportation and logistics has incorporated more network-connected devices and services into their equipment and workflows, fleets have become an increasingly attractive and highly profitable target for cyber criminals. Experts report that attacks continue to evolve year over year and range from DDoS and phishing to ransomware and malware. Plus, essentially all stakeholders, services, infrastructures and vehicles can become targets of attacks.

How impactful are they? As we recently explored in a conversation with Conan Sandberg, Global Business Information Security Officer at Trimble, the average cost of recovering from an attack can be approximately $20,000 USD, but this number does not take into account the …

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