Jan. 8, 2019—CompliancePoint, a provider of information security and risk management services for compliance and data security, established a data privacy solutions focus for the automotive industry, with resources to protect manufacturers, automotive lenders, dealers and other users of automotive data.
In 2018, more than 100 automotive manufacturing companies including General Motors, Fiat Chrysler, Tesla, Ford, Toyota and Volkswagen experienced a data breach exposing trade secrets from the carmakers. Data privacy and trade secrets are crucial components in the automotive industry. A data breach can cost millions in monetary value, not including the loss of priceless trade secrets that lead to unfair advantages to competitors when crucial data is compromised.
CompliancePoint offers cybersecurity assessments to automotive companies, which are designed to prevent potential liabilities and mitigate risk by protecting security framework. Some key services include mobile and wireless testing, web application testing and data breach attempt response.
Automotive companies can strengthen their data security, lower operational costs, and simplify their compliance process….
