(Bloomberg) – Cybersecurity is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted by Munich Re.
The world's second-biggest reinsurer found that 55% of corporate risk managers surveyed named cybersecurity as their top concern about self-driving cars. Cybersecurity included the potential hacking of an automated car's data systems as well as the failure of smart road infrastructure, Munich Re said in an e-mail.
New exposure for autos
"Cybersecurity is a new exposure when it comes to automobiles," Mike Scrudato, head of Munich Re's mobility operations, said in a telephone interview. "One of the factors that could increase premiums is the cyber exposure because there is no real cyber product being purchased in relation to auto today."
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