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online coronavirus fraud Source: Shutterstock.

In December 2019, an article in CPO Magazine acknowledged that the FBI had issued a warning to the auto industry about being a target for cyberattacks. The U.S. automotive industry has become a target for cybercriminals because of the vast amount of personal data it contains, and this is especially significant because the FBI rarely singles out a particular industry and issues substantial warnings like this one, which says, “Automotive companies need to develop proactive defensive security measures to deal with all of the risks highlighted by the FBI warning.” Credit unions that work with auto dealers must also be on guard and extend protections to their members.

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