Cyber risk: electric vehicle charging stations
Charging stations and applications for electric vehicles are often inadequately protected against security risks. Successful cyberattacks on such applications enable actions ranging from fraud to sabotage. With an expected market capitalization of $457 billion in 2023, the electric vehicle market is expected to nearly double by 2027 with expected sales of 16 million vehicles per year. To meet the growing need for charging stations and provide EV owners with a seamless experience, the number of applications for EV charging stations has increased exponentially. There are end-user apps for finding charging stations, payment apps…
