Scaling up security
As the world becomes more connected, no industry is safe from the threat of cyberattacks—including automotive companies. This is compounded by a complex business model that involves dealing with legacy systems, a vast supplier delivery network and new data demands. CISOs in the automotive industry are not only faced with today’s challenges around protecting their critical IT and manufacturing systems, they must also manage tomorrow’s threats. This changes the scope of the CISO role—from tech-savvy specialist to business-outcome focused advisor. To make this transition, CISOs must not only collaborate with the digital officer and digital marketing teams, but also be equipped with the insight and foresight needed to counteract cyber threats and accelerate competitive edge.
CISOs need to evolve their role to become business enablers—guardians of cybersecurity strategies that protect critical assets and operations, even as organizations transform to become more competitive and drive growth. Automotive manufacturers must handle upcoming threats posed by connected environments, broader ecosystems and the expanded use of data in all aspects of the business. In short, security teams must be front and center of any strategic plans.
Actions automotive manufacturers can take to reshape traditional operations and deal with the next wave of cyber threats include:
Speed to value
There is little doubt that the automotive industry is under threat—from cyberattacks and the dramatic shifts that are taking place at the heart of how it functions and competes. CISOs should adapt their role so that they can not only drive forward with confidence, but also accelerate the value their businesses can offer to their customers. Here’s how: