We at Tematica are unfortunately firm believers that the new connective technologies and applications associated with our Digital Lifestyle and Digital Infrastructure investing themes will create new attack vectors for cyberattackers and other bad actors. A new report describes the connected entrainment we enjoy while traveling on aircraft as an example of just that. Another market that will help drive cybersecurity and data privacy spending that is captured by the Foxberry Tematica Research Cybersecurity & Data Privacy USD PR Index and the Rize Cybersecurity and Data Privacy UCITS EFT (CYBR).
The Government Accountability Office (GAO) noted in a report Friday (Oct. 9) that the Federal Aviation Administration (FAA) has not held testing of possibly susceptible technology, prioritized digital risks or created a digital security instruction program.
Entertainment systems, wireless networks, technologies that send information back to earth without intervention and position broadcasts are some of the complex digital infrastructure on commercial airliners.
According to the report, as noted by Bloomberg, “Until FAA strengthens its oversight program, based on assessed risks, it may not be able to ensure it is providing sufficient oversight to guard against evolving cybersecurity risks facing avionics systems in commercial airplane.”