Accelerating Cybersecurity in the Transportation Industry
Julia WeifenbachThe transportation industry is not only part of critical infrastructure, but at the nexus of other critical infrastructure sectors that rely on transportation systems to operate reliably. When threat actors put this fundamental function at risk, there’s a ripple effect that disrupts individuals, businesses, government and supply chains.
It’s no surprise then that the transportation industry is presenting a united front in the race against cybercriminals. Building for greater resiliency, reliability and safety from cyber threats is one of the top initiatives the American Public Transportation Association (APTA) has set for 2024. The trucking industry has issued its inaugural 2024 Trucking Cybersecurity Trends report. The White House recently announced an initiative to bolster maritime cybersecurity. Rail has its own cybersecurity conference. And the trade association for the world’s airlines (IATA) champions cybersecurity with a library of resources to educate and help shape how the industry responds to challenges.
With phishing scams nearly doubling from 2022 to 2023, and the average cost of a data breach in the industry topping $4 million, a jump of 16% since 2022, the industry must continue to fuel these efforts. But the sector as a whole faces several unique considerations contingent on the mode of transportation and the specific region or country.
Key Challenges:
- Regulations are numerous and vary by region all with the aim of protecting sensitive data and critical infrastructure and building overall resilience of systems. Navigating the complexity requires deep expertise.
- Innovation including the use of automation, AI and digitalization to streamline processes, reduce costs and improve user experience also present risks that must be understood and addressed.
- Transportation is the lynchpin to the global supply chain. Attackers recognized this which puts transportation squarely in their sites and makes effective cybersecurity measures crucial to keep the global economy moving forward.
Following Best Practices:
To secure the uninterrupted movement of goods and people requires collaboration between government, industry stakeholders and cybersecurity experts. Selecting the right technology partners with tools that are actionable and immediately deliver value is paramount to protecting against advancing threats.
Capabilities like consolidating threat intelligence and vulnerability data from a variety of sources and eliminating the noise allow you to focus on what matters to keep your systems running. You can proactively strengthen defenses, address vulnerabilities that may impact regulatory status, hunt for threats and investigate and respond to incidents comprehensively.
ThreatQuotient combines the strength of its data-driven threat intelligence platform, customer success team, training and learning solutions and community of users to share insights into emerging threats and lessons learned to mitigate risk quickly and effectively.
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