Cars are becoming "fast, heavy artificial intelligences on wheels," a RAND report cautions, and that means they're becoming vulnerable. Potentially billions of dollars ride on the question of who has the legal responsibility to keep hackers from grabbing the wheel or cutting the brakes.
Hacks on autonomous vehicles could lead to deaths, property destruction, ransomware attacks, or data theft. Several scenarios illustrate the policy challenges facing the civil legal system, insurers, and others.
The arrival of autonomous vehicles (AVs) on the roads will require policymakers, industry, and the public to adapt to the risk of hackers attacking these vehicles. RAND researchers explored the civil liability issues related to hacked AVs.
Thousands of data breaches occur each year with some costing millions of dollars. Consequently, cyber insurance has grown rapidly in the past decade. In this research, we conduct the first rigorous qualitative study of actual insurance policies.
What are the challenges and opportunities for the automobile insurance industry as autonomous vehicle technology becomes widely deployed? This workshop brought together industry stakeholders, regulators, and consumer representatives to focus on the implications of AV technology for insurance and liability regimes.
Why don't American companies invest more in computer security? One possible explanation: Relative to the other risks they face, cyber risks often aren't as significant as expected. Most breaches cost companies less than 0.4 percent of their annual revenues.
Data breaches have made headlines in recent years, exposing poor practices that put the personal information of millions of consumers at risk. But the cost of a typical cyber breach is much less than generally estimated, providing one possible explanation for why American companies do not invest more to improve computer security.