To protect their own interests, automakers will increasingly have to take cybersecurity standards and compliance around the environment and their own distribution operations into their own hands.
Why do some automotive companies outperform others in terms of cybersecurity despite not spending more money? According to new research, the Leaders—only 18 percent of automotive companies—are spending differently than their peers. To keep up with evolving market needs, executives are investing in emerging technologies such as Artificial Intelligence (AI) and Next-Generation Firewalls (NGF).
Leaders Show A Significant Advantage
Leaders are not just a smidgeon smarter when it comes to cybersecurity. They have a much higher level of cyber resilience than most businesses.
An Evolving Automotive Industry Necessitates A Changing Cybersecurity Strategy
Cyber resilience is more important than ever in the automotive industry due to two big changes.
More Remote Workers
Automotive companies would need to improve existing security to close holes in everything from personal devices to collaboration technology.
Security in connected cars is critical because it can mean the difference between life and death. It is essential for the passengers' and other drivers' physical safety.
Developing A Cyber Fortress with Flexible Security
Adaptive security, which many automotive companies lack in their operations, makes it easier to protect a dispersed workforce. Adaptive protection protects against opportunistic and targeted attacks, as well as trusted insiders and other insider threats, using analytics and automation. Adaptive security also aids in the protection of entry points in an automobile company's ecosystem, which is growing in size every day as a result of connected car initiatives. As automakers transition from vehicle manufacturers to technology ecosystem specialists, their cybersecurity requirements are becoming much more nuanced and vital. Here are a few items to bear in mind as the teams implement new plans and methods to meet new business needs:
Reassess Cybersecurity Employing an End-To-End Approach: New regulations, which keep automotive companies accountable for safe data storage at rest and in transit, foreshadow things to come. In an intelligent vehicle, cybersecurity has become a life-or-death situation.
Look Beyond Traditional Boundaries: To protect their own interests, automakers will increasingly have to take cybersecurity standards and compliance around the environment and their own distribution operations into their own hands.
Take a Proactive Stance with Regulators and Shared Industry Intelligence: Automobile companies must provide feedback to regulators to establish requirements that protect customers while still being practical for manufacturers.