---
title: "Cybercrime Surge: The Automotive Sector Under Siege! | DuoCircle"
description: "Cybercrime Surge: The Automotive Sector Under Siege!"
image: "https://www.duocircle.com/images/og-default.png"
canonical: "https://www.duocircle.com/blog/data-privacy/cybercrime-surge-the-automotive-sector-under-siege/"
---

Quick Answer

The automotive sector is a top target for Business Email Compromise and Vendor Email Compromise because of high-value transactions and complex multi-vendor supply chains. Toyota Boshoku lost roughly $37M after an employee was tricked into changing wire account details. Modern BEC and VEC emails skip suspicious links or attachments, impersonate vendors and colleagues, and rely on urgency, which lets them slip past traditional email gateways. AI-driven inspection of email patterns plus regular social engineering training are the main defenses.

Cybercrime Surge: The Automotive Sector Under Siege!

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![cybersecurity](https://media.mailhop.org/duocircle/images/2024/05/phishing-protection-4.jpg) 

The automotive industry is known for its stability. Even when it received a significant setback during the COVID-19 phase, the **automobile industry managed to come out** of the dark phase and increased its sales to [75.3 million units.](https://www.statista.com/statistics/200002/international-car-sales-since-1990/) By the end of 2033, the global automotive industry is expected to be worth a whopping [$7 million](https://www.sphericalinsights.com/request-sample/3696).

And it is this spectacular growth and **robust hold on the market** that make the [automotive industry](https://thehackernews.com/2024/04/fin7-cybercrime-group-targeting-us-auto.html) a favorite pick among the cybercriminals.

Let’s see how [vulnerable the vehicle industry](https://www.logisticsinsider.in/automotive-supply-chain-most-attacked-sector-seqrite-report-warns/) is when it comes to **cyber threats**!

## Cybercriminals Aiming To Penetrate Deep Into The Automotive Sector!

Cybercriminals are forever ready with their **tailor-made industry attacks**. While other sectors like finance and defense face the risk of illegitimate access to their sensitive data or intellectual property, the primary concerns for the automotive sector are [VEC (Vendor Email Compromise)](https://www.cloudflare.com/en-in/the-net/anatomy-vec/) and [BEC (Business Email Compromise)](https://www.tripwire.com/state-of-security/key-findings-business-email-compromise-bec-trends-report) attacks. Lately, the automobile industry has been experiencing a **sharp spike** in VEC and BEC attacks.

[![Business Email Compromise](https://media.mailhop.org/duocircle/images/2024/05/spf-validator.jpg)](https://media.mailhop.org/duocircle/images/2024/05/spf-validator.jpg)

The latest incident is quite alarming, where a threat actor managed to dupe a naive employee at **Toyota Boshoku**. The fraudster convinced the victim to alter their wire bank account details and swindled around [$37 million](https://cybersecuritynews.com/hackers-launch-business-email-compromise-attacks-on-the-automotive-industry/). 

But why is the automotive sector a **popular pick** among the [threat actors](https://securityaffairs.com/159611/hacking/thyssenkrupp-automotive-body-solutions-bu-cyberattack.html)?

## Automotive Sector And Its Vulnerability

The key factor making the automobile industry a popular target among threat actors is its **high-value transactions**. The intricate supply chain system with **multiple vendors** is yet another reason for threat actors to seep into the [vehicle industry](https://www.autoweek.com/news/a46857624/cyberattacks-on-electric-vehicles-and-chargers/).

[Cybersecurity](/) experts believe that the BEC and VEC attacks **no longer rely on conventional tactics** and are more inclined towards advanced [social engineering](/phishing-protection/social-engineering-is-a-growing-threat/) strategies. And that’s exactly why traditional security measures are not adequate to [prevent BEC](/email-security/top-strategies-to-avoid-business-email-compromise-and-upgrade-email-security/) and VEC attacks.

Basically, scamsters conveniently **impersonate vendors** and colleagues through compromised accounts or [spoofed emails](https://www.helpnetsecurity.com/2024/04/30/automotive-email-compromise-attacks-video/) and compel the victims to initiate illegitimate payments or share sensitive data.

_The key to bypassing [phishing protection](/email/phishing-protection) measures is to sound credible and create a sense of urgency_. Threat actors do the same by posing as reliable and trusted senders and **leveraging urgency** to compel swift actions.

In the case of BEC attacks, the [malicious emails](https://siliconangle.com/2024/02/20/new-report-warns-ongoing-rise-malicious-emails-bypassing-secure-email-gateways/) do not include any suspicious links or attachments, which further **enhances their credibility**. 

Conventional [email security](/content/email-security-services) measures are eventually **failing to stop these fraudsters** from breaking into the automotive industry. The need of the hour is a fail-proof security setup that can identify modern social engineering tactics and the latest threats. 

[![malicious emails ](https://media.mailhop.org/duocircle/images/2024/05/phishing-protection-1828.jpg)](https://media.mailhop.org/duocircle/images/2024/05/phishing-protection-1828.jpg)

## How To Safeguard The Automobile Sector From Cybercriminals?

_Advanced security systems powered by [artificial intelligence](/email-security/how-artificial-intelligence-approaches-are-changing-the-email-security-landscape/) can easily help automobile companies to steer clear of BEC and VEC attacks._ AI effectively **studies the repetitive patterns** and underlying email environment by scanning the email content **minutely** which further helps in determining the legitimacy of every email. 

Also, organizing **regular employee training sessions** to keep them well-versed about the [latest social engineering strategies](https://www.aura.com/learn/types-of-social-engineering-attacks) can help prevent major BEC and VEC attacks.

## Topics

SecurityTrendsUpdates 

![Brad Slavin](https://media.mailhop.org/dmarcreport/images/team/brad-slavin.jpg) 

Brad Slavin 

General Manager

General Manager at DuoCircle. Product strategy and commercial lead across the email security portfolio.

## Secure your email infrastructure

Protect, authenticate, and deliver. Contact our team to find the right solution.

[Contact Sales](/contact/) [Explore Products](/products/) 

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