The Growing Importance of Automotive Cybersecurity
The automotive industry is witnessing a surge in cyber security activities as hackers gain capabilities and new attack surfaces emerge. Adhering to legislative rules and utilising advanced cloud-based solutions are driving the growth of automotive cyber security. However, the increasing combination of connected and software-defined vehicles exposes the industry to additional risks and vulnerabilities.
Upstream Security has made several predictions for the automotive sector information security trends. OEM servers and infrastructure will be prime targets for cyber-attacks, given the growth in stored vehicle data. Black-hat attacks will outpace research-driven hacking, posing significant risks for OEMs and suppliers. The rise in keyless car thefts and counterfeit chips will further exacerbate vulnerabilities. As software-defined vehicles become prevalent, more advanced monitoring and detection capabilities will be essential to address future cyber security challenges. This is where Azanzi’s TPRM and Compliance solutions come in.
Ensuring Cyber Security Compliance in Automotive Cyber-Physical Systems
Automotive cyber-physical systems (CPS) require robust cyber security measures. UNECE WP.29 Regulation 155, 156 outline the cyber security requirements for Original Equipment Manufacturers (OEM) and Suppliers. Additionally, ISO 21434 provides a framework for automotive cyber security risk management and mandates the implementation of a certified cyber security management system (CSMS). To ensure compliance with these regulations, companies can use Azanzi Compliance, which helps to manage and facilitate cyber security projects, alongside Azanzi SnapShot, which enables firms to publish their cyber security status publicly.
Learn moreSupplier Management and ISO 21434 Compliance
ISO 21434 introduces the concept of Supplier Management in the automotive industry, and Azanzi TPRM (Third-Party Risk Management) plays a crucial role in this area. Compliance with ISO 21434 requires evidence of cyber security measures to be presented to auditors.
By implementing Azanzi TPRM, automotive suppliers can effectively manage third-party risks, reduce supply chain disruptions, and enhance regulatory compliance. This not only safeguards the company's reputation but also ensures the security of sensitive information and systems.
Learn moreMitigating Supply Chain Disruptions
Supply chain disruptions can have severe consequences for automotive companies. Adhering to ISO 21434 and utilizing Azanzi TPRM helps mitigate these risks. By proactively identifying and managing third-party risks, companies can reduce the potential for delays and reputational harm. Third-party vendors often have access to sensitive information and systems, making it crucial to assess and manage their cyber security risks. Through comprehensive risk mitigation strategies, automotive companies can strengthen their supply chain and protect their financial performance.
About TPRM
Safeguarding Reputation and Financial Performance
Implementing a robust third-party risk management (TPRM) program is essential for automotive companies. It enables proactive identification and management of cyber security risks, ensuring regulatory compliance and mitigating potential threats. By partnering with Azanzi, organisations can safeguard their reputation and financial performance. A comprehensive TPRM program minimises cyber security risks, enhances supply chain resilience, and demonstrates commitment to customer and stakeholder trust. Protecting sensitive information and systems is paramount in today's interconnected automotive cyber-physical systems landscape.
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