EV Magazine January 2023 | Page 39

CONNECTED CAR
COALFIRE PROVIDES CYBERSECURITY FOR THE WORLD ’ S INNOVATORS

CONNECTED CAR

COALFIRE PROVIDES CYBERSECURITY FOR THE WORLD ’ S INNOVATORS

The company supports the top five cloud service providers , eight of the top software-asa-service ( Saas ) providers , and three of the top financial , healthcare and retail organisations .
Coalfire is committed to cybersecurity for world-leading businesses and uses cuttingedge technologies to do so . Its core services span compliance , cloud security , application security , vulnerability management , as well as strategy , privacy , and risk .
Barratt says : “ Authentication mustn ’ t interrupt the driver for safety reasons , and the temptation will be to simplify these processes , unwittingly making them easier to breach .”
SECURING FINANCIAL DATA WITHIN EVS
Now , this isn ’ t to scare anyone intending to connect payments to their vehicles , but to ensure that the correct methods are in place to secure data that is used for EV-related services .
On the company ’ s side , data should only be used where it is necessary while limiting the amount of data stored . Encryption of data , two-factor authentication , and antimalware protection tools can be leveraged to enhance the security of data .
“ The main security concern for an EV will be preventing access to billing systems for battery charging ,” says Barratt . Fintech apps offer huge potential to streamline these processes , improve in-car experience and pave the way for innovations like ‘ buy now , pay later ’ and loyalty schemes ,” says Barratt .
“ But carmakers need to recognise that , if poorly protected , these systems could offer hackers an access route to the driver ’ s finances .”
The extra challenge to overcome with EVs — alongside similar problems with fintech applications — is the ability to secure carfriendly interfaces , which , if simplified , could make them more prone to cyber disruption .
EVMAGAZINE . COM [ Jan 2023 ] 39