Innovation in all industries is moving at lightning speed, and transportation systems are no different. Intelligent transportation systems (ITS) are created with a single goal: to improve the existing infrastructure of systems. Because of the major changes happening these days, traditional education and expertise in construction or civil engineering are no longer enough. Officials also have to be well-versed in technology. Sophisticated ITS systems are used to acquire and manage vast amounts of valuable data. This data is used to craft intricate technical specifications to optimize organisational flow.
Fraught with Danger
While ITS systems are invaluable to improving infrastructure, using ITS systems is charged with security risks. These threats have to be identified, understood, and correctly managed. Risks include:
– Loss of data
– Lost revenue
– Disclosure of sensitive information
– Electronic asset theft
– Service interruption
– Introduction of malicious software
– Cyber extortion
– Cyber terrorism
According to recent research, nearly 800 data breaches were tracked in the US in 2015. To avoid being a statistic, transportation firms need to improve security policies through risk assessment and due diligence procedures.
Identifying Risk
Although ITS may be responsible for data breaches, digital security issues also come from employees who may be negligent, steal data, lose or steal company equipment, or inadvertently install malware onto systems. Transportation agencies should ascertain where vulnerabilities lie, assess risks, and implement robust security programs.
The Problem with Insurance
As awareness of cyber liability grows, the demand for cyber insurance increases. It is important to note the deficiencies of standard commercial insurance. When it comes to cyber security, policy-holders are not thoroughly covered. Transportation officials can mitigate risk by requesting contractors to provide coverage for some of the risks, for example:
– Exposing confidential digital data
– Installing computer viruses
– Loss of service
– The criminal use of a computer system
With this kind of coverage, transportation officials may be able to recover some of the expenses that come with identified cyber and technology threats like fines and penalties, legal costs, losses due to identity theft, fraud, and data loss.
Insurance is Not Enough
Besides the recent revamp in the insurance world, there is also an increased awareness of cyber risk around the globe. This is creating a better understanding of the risks and how it can be managed. As research is done and reports are compiled ,it is becoming obvious that there is an enormous challenge in using ITS technologies to optimize transportation. Assessing cyber risks should be a priority when it comes to planning 21st century transportation projects. Even though cyber liability does not currently form part of the average transportation official’s vocabulary, it is an unavoidable reality.
Steps to Contain Cyber Risk
Transportation companies should start by identifying the issues, and then applying the following vital steps:
– Take a proactive approach to cyber safety
– Maintain insurance requirements with insurance companies and contractors
– Create cyber security protocols and policies
– Train staff members to be cyber-alert
– Maintain vigilance in all aspects of cyber risk, particularly in the IT department
By observing these guidelines, transportation companies can become equipped to manage the dangers of the cyber world as effectively as possible.
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Very informative post, spot on with your cyber risk containment steps.
The reality of cyber threats in 21 century is very essential. It is great. So I like it.
This is a really great post about cyber threats in 21st century. Thanks for sharing.
even with all of this risk, I hope my country can also something like this as our transportation are far worse than this problems.
As a oldschool person, i never do trust in todays technology, risk is always there. I think security protocols must be a lot safer before technology kicks in such risky situation.
Cyber security is essential to maintaining the data security. This article is very useful and interesting.
Shimon Sheves is a true professional, he has good insight and competence that can be respected.
Technology is great but security for it is not very good. Everything can be compromised these days. We must work on securing transportation. I hate how we rely too much on technology…
Very interesting and unusual post. I really like it!
This is a important and helpful article to understand about cyber threats in 21st century transportation. It make make people alert from these threats.
Great post about Cyber Threats in 21st Century Transportation,
your blog giving more detail and helping to us how to defined cyber threats so thank you a lot sir
Cyber crime in recent days has a huge impact over cyber security. This article above guides us how transport companies can make them secure from the danger of cyber crime.
Great article Shimon! Medical personnel should read this. Risk is everywhere, people should take percussions and learn to fight against all cyber activity
Very good and informative article. Technology is also useful but also dangerous, it is up to our leaders if an implement or not.
I learned a lot of new information about Cyber Threats and Crimes and I want to thank you for this great article. Very helpful information!
Very helpful article, nowadays the impact and consequences of a cyber attack have never been more concerning. The transportation officials should possess considerable technological proficiency in addition to the traditional expertise in civil engineering and construction.
Very helpful article, I like it. Thanks for sharing.
A very knowledgeable and informative article indeed!Today’s transportation systems can be vulnerable to cyber risks while the measures discussed here are commendable.
Great article Shimon. Medical personnel could read this thesis. Risk is everywhere, people should take percussions and learn to fight against all cyber activities
Strong words in article Shimon. All the medical personnel should read this thesis. Risk is everywhere, people should take safety percussions and learn to fight against all cyber activity!
Cyber crime in recent days has a huge increasing. This article above guides us how transport companies can make them secure from the danger of cyber crime. I hope this post will help someone to be conscious.
I have never thought that cyber threats would be a problem to transportation at all. This article changed my thinking.
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Cyber crime is a big problem to us. This article helpful for everybody.
That’s a great article and so informative. I got a huge amount of information from here. I like this article. Thanks Shimon for sharing.
The problem of getting everyting connected is that all is vulnerable in someway. In a matter of time it becomes hacked.
Really nice. i liked it. awesome..
All devices connected are vulnerable to cyber attacks, it’s going to be insane. My recommendation is to avoid always connected status.
This is a very informative article on transportation cyber threats. These information can help a lot in identifying and solving transportation threats all across the world. Thanks for sharing.
That is an alarming news for us. Cyber Threats are increasing day by day. in modern civilization we are so much depended on the internet so that cyber criminals are becoming dangerous for us. thanks for your useful article.