
Research, highlighted by @Synopsys, indicates that the automotive industry could face significant financial losses amounting to $505 billion by 2024 due to car cyberattacks. A particular focus has been placed on the security vulnerabilities associated with Over-The-Air (OTA) updates and in-vehicle applications. In related developments, various sources have reported on the ease of stealing Tesla vehicles using a device known as the Flipper Zero. A notable experiment by @mysk_co demonstrated the simplicity of exploiting a security flaw in Tesla's system, which Tesla has dismissed as not being a genuine issue. This situation underscores the growing concerns over car security and the potential financial implications for the automotive industry.


