Fundamental Principles of Automotive Cybersecurity for Executives and Managers

With hacks resulting in costs of $600 million, the importance of cybersecurity and its relevance in the automotive industry is out of question. However, establishing cybersecurity along all the product life cycle phases, as demanded by industry standards and regulations, still remains a challenge. Especially, when cybersecurity rules, responsibilities, and processes need to be established, competence and know-how need to be built up, all while there’s a lack of resources in the relevant responsibilities and management is not aware of the urgency.

These are only a handful of reasons why establishing automotive cybersecurity is crucial.

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Failure to embed cybersecurity that’s linked to all interface processes results in costly risks including:

• isolated cybersecurity approaches, resulting resource inefficiencies
• barriers and non-compliance for existing business relationships, contracts and agreements
• serious consequences in relation to non-compliance with regulatory and legally binding requirements
• factual cybersecurity risks and deficiencies along the product lifecycle, up to the final asset

In order to overcome these challenges and eliminate risks, there should be an acknowledgement of road vehicle cybersecurity risks and executive management must be aware and committed to manage the corresponding risks.

Building a cybersecure product is the end result of ensuring cybersecure development supported by a deeply rooted cybersecurity culture, reliable structures, and processes that solidify a cybersecure organization. Every employee has a role to play in this. But in particular, cybersecurity must be top of mind at the C-suite executive level.

Our 3 hour automotive cybersecurity dedicated online session is for business leaders, executives and managers in both technical and non-technical roles looking to set the foundation for a compliant and more cyber resilient organization. Participants will leave with a clear understanding of the risks and unforeseen business opportunities arising when cybersecurity is handled the right way.

How can you use the demands of automotive cybersecurity as a true enabler for your company? Learn how to fulfill what is needed today will enable you to become more efficient tomorrow.

This introductory session will enable you to:

The current demands for cybersecurity have implications throughout the entire value chain in the automotive industry-not only for original equipment manufacturers, but for every player in the automotive industry including sub-suppliers. It only takes one vulnerability to open your product to cyberattacks and costly damages. Therefore, everyone in the organization must be aware of cybersecurity from concept phase to decommissioning and end of support.

Creating a cybersecure organization is a priority today. To ensure cybersecurity in all levels, dedicated automotive cybersecurity competencies and resources are needed for all employees involved in the design of a vehicle, who additionally must be supported by a company-wide cybersecurity program that proactively secures all production platforms, internal operations, and supply chains.

Any safety void in the organization can become a target for cyberattacks and failure to cover one area can ripple devastating effects across the entire organization, leading to significant operational and financial implications. Cybersecurity incidents, data breaches and successful attacks in recent years have already shown this in practice.

Our ultimate goal is to support you increasing cyber risk awareness and help you get started to become a cybersecure organization that will help your company get more efficient, waste less money, and ensure people know what to do. The Automotive Cybersecurity for Executives and Managers learning session helps you start a conversation surrounding cybersecurity with an expert on the topic, who will navigate through your current situation, help you understand your current needs, and set your path for becoming a cybersecure organization.

Please note: The presented offer of CYRES Consulting Fundamental Principles of Automotive Cybersecurity Session for Executives and Managers for  is a non-binding offer. Please use the form for your first non-binding inquiry. In the following dialogue we will present you the scope of our specific services and define the organizational details together with you.

Phone: +49 (0) 89 9542 808 00
E-Mail: office (at) cyres-consulting.com