Cyber security governance must keep automakers ahead of the hackers

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New regulations could reshape how the automotive industry addresses cyber security, writes Stefano Buschi

Today’s automotive industry is likely to be unrecognisable in the future as it undergoes huge transformation. Key aspects underpinning this transformation will be increased connectivity and autonomous driving, and how automakers and their entire supply chain evolve.

Automakers will no longer just provide the end product: they will become integral providers of mobility. This opens up entirely new business models and roles for both current and future players, with the pace and extent of change unlike anything seen before in the automotive industry.

Connected car
Advances being made in connectivity and autonomous driving will make vehicles more useful. They will also create new opportunities for hackers

For consumers, there remain a number of questions. Many believe that increased vehicle connectivity will be beneficial to them, which is likely to drive demand for connected vehicles and the consumption of services related to mobility. However, there are also increasing concerns about security and safety of connected vehicles, and the usage of the data acquired and managed by these vehicles….

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