Our study highlights the intricate challenges that the automotive industry faces due to the growing digital connectivity in transportation. The industry is grappling with a range of cyber threats, including data and property theft, as well as disruptions to manufacturing processes. Manufacturers are impacted by various stakeholder groups, including consumers who prioritize data protection and security when making purchasing decisions.
Brief overview of chapters of the study:
- Classification of the current situation in the automotive industry
- Connected vehicles: an overview of the biggest challenges
- What companies need to do now
- Experiences from KPMG projects: Insights into practice
A key finding of the study is that the automotive industry lacks standardised measures that could be used to assess the maturity of its cyber security. To effectively monitor risks across the entire value chain, the industry needs to prioritize the development of a monitoring system and interdisciplinary teams and processes. Additionally, it is crucial to stay informed about changes to the global legal situation to ensure compliance.