SummaryThe advancement in technology and the adoption of innovative developments have made our lives easier. Every industry, from agriculture to transport, has experienced this advancement. The entire transportation system is in the process of becoming intelligent. Smart mobility of autonomous vehicles is an important part of the upcoming smart cities. The autonomous vehicle provides functionalities for safety and convenience. It has been an emerging field with a lot of attention and still under advancement and requires a thorough study and solutions for potential challenges and opportunities. Despite impressive advantages, it has some security vulnerabilities which could lead to life‐threatening consequences. Though they could prevent road accidents by eliminating human errors from the driving process, they also create the possibility of cyber‐physical attacks on the vehicular controlling system. For this, many researchers have focused on the security attacks and defenses in autonomous vehicular systems. A 360‐degree research has been undertaken to understand the concept of autonomous vehicles entirely, such as history, social impacts, difficulties and challenges, current product developments, and security aspects. Also, a vehicular architecture is proposed by integrating various technologies such as 5G, SDN, cloud, and so forth, its possible security attacks are mentioned.