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.
[red-button]Read the Report[/red-button]
In this episode, I sat down with Beejan Giga, Director | Partner and Caleb Emerson, Senior Results Manager at Carpedia International. We discussed the insights behind their recent Industry Today article, “Thinking Three Moves Ahead” and together we explored how manufacturers can plan more strategically, align with their suppliers, and build the operational discipline needed to support intentional, sustainable growth. It was a conversation packed with practical perspectives on navigating a fast-changing industry landscape.