The Chinese EV maker fell victim to hackers

Chinese electric car maker NIO has become the latest automaker to fall victim to hacking as cyber attackers targeted its computer systems and accessed user and car sales data. Hackers have reportedly sent an email to the automaker claiming they have compromised data on its computer systems. Additionally, they reportedly demanded up to $2.25 million worth of Bitcoin, claiming they possess sensitive internal data of the OEM. It is the latest hack to hit the global auto industry, according to Reuters.

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Updated on:
December 21, 2022 at 15:09 pm

Chinese electric car maker NIO has become the latest victim of a cyber attack on the auto industry.

Nio said it is working with government authorities to investigate the data breach. But it did not disclose the extent of the damage caused by the cyber attackers.

Also read: Kia India’s Instagram account falls victim to hackers

The automotive industry has been facing an increasing number of cyber-attacks over the past few years. Just a few days ago, Kia India’s Instagram account was hacked by an unknown entity. A few days later, BMW’s social media accounts were also hacked. Previously, car brands such as Honda and Ferrari faced similar problems after being hacked. Earlier in November 2022, German tire and auto parts maker Continental said that a cyber attack it reported in August resulted in the theft of some important data.

In 2021, Kia Motors’ official website was hacked, and cyber attackers demanded a $20 million ransom. Earlier, Italian supercar Ferrari was targeted by hackers who stole 7GB of data, including sensitive internal documents. Other automakers, including Nissan, Hyundai and its luxury car brand Genesis, have faced similar cyberattacks that have disrupted automakers’ operations.

The automotive industry deals with a wave of cyber-attacks every year and is forced to spend billions of dollars to strengthen its data protection systems. Cyber ​​attacks have become a growing threat to the global automotive industry.

First published date: December 21, 2022 at 15:09 PM CST

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