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Car Hacking: Understanding the Threat to Modern Vehicles and How to Mitigate Risks for High Net-Worth Individuals (HNIs)

As vehicles become increasingly interconnected and rely on complex computer systems, they have also become a target for a growing threat—car hacking. Car hacking involves the exploitation of vulnerabilities in a vehicle’s electronic control units (ECUs) or onboard computer systems, allowing unauthorised access and manipulation of key vehicle functions. For high net-worth individuals (HNIs), whose lifestyles often include owning luxury and technologically advanced vehicles, the threat of car hacking is particularly concerning. The risks are not just financial; they extend to personal safety and privacy.