Automakers have a multi-billion-dollar problem on their hands, and it’s called cyber hacking.
Cyber hacks (including data breaches and a number of other criminal attacks) might cost the auto industry an estimated $24 billion within five years, according to a new study released by Upstream Security, which specializes in cloud-based automotive cyber security.
The report studied the impact of more than 170 documented, smart mobility, cyber incidents reported between 2010-2018 and projects future trends based on that eight-year history.
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Scott Ellyson, CEO of East West Manufacturing, brings decades of global manufacturing and supply chain leadership to the conversation. In this episode, he shares practical insights on scaling operations, navigating complexity, and building resilient manufacturing networks in an increasingly connected world.