There is a strong move to cloud and cybersecurity in Automotive. The modernization of on-premises applications to cloud investments is creating an increase in Cyber and Information Security spending in the Automotive Industry.
Key Focus of Modernization Include:
Cyber/Information Security
Cloud Platforms
Business Intelligence/Data Analytics
Digital Business Transformation
Artificial Intelligence (AI) & Machine Learning (ML)
As in all other supply chain verticals, weakest link in any supply chain is the supply base. The Automotive Industry is managing a very large supply chain and while management does not equal security, the ultimate responsibility for security falls directly on the OEM. To protect the information and to maintain integrity of the supply chain risk, we created a highly affordable cybersecurity platform.
Guidelines:
The first guideline, titled “Cyber Security 3rd Party Information Security”, was announced by the Automotive Industry Action Group (AIAG) in 2018. Participating in their creation were information security leaders and executives from GM, Ford, FCA and Honda, with input from their counterparts at Toyota, Nissan, Caterpillar, Bosch, Continental and Magna.
In addition, the automotive sector is increasingly leveraging the National Institute of Standards, Technology (NIST) Cybersecurity frameworks, International Organization for Standardization (ISO) designed to further protect OEMs and suppliers from intellectual property losses, as well as aggressive cyber attacks on individual suppliers.