Automotive industry, in the crosshairs of cybercriminals – El Sol de México

Digitalization in the automotive industry’s production chain makes it an attractive target for cybercriminals who increasingly specialize in hacking large companies, said Yonathan Parada, Cybersecurity and Privacy partner at the consulting company PwC.

“Mexico, being an important player in the entire supply chain of the automotive sector, faces challenges and areas of opportunity such as increasing technological development, but above all the need to adapt to new cyber risks,” Parada told El Sol de México. .

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The PwC partner pointed out that in recent years, Mexico has established itself as a benchmark in the automotive industry, driven by advantages such as geographical position and the relocation of supply chains, which makes the country more vulnerable to cyber attacks.

According to a survey of 133 business directors in Mexico carried out by PwC, it was observed that five out of every 10 companies in the country had losses of one million or even more than 20 million dollars, the result of a data breach in recent years. three years.

In the case of the automotive industry, the proportion of incidents with a high or massive impact doubled from 2022 to 2023, Parada explained.

Regarding the attacks, he added that these can affect not only manufacturers, but also automobile fleets and consumers.

“A clear example is cyber attacks directed at manufacturers, where the objective is to kidnap information, which poses a risk to intellectual property, and which ends up affecting the value and supply chain derived from manufacturing processes,” he said.

According to data from the Mexican Association of the Automotive Industry (AMIA), this sector contributes 18 percent of the manufacturing GDP and three percent of the national GDP. Likewise, Mexico occupies first place as a vehicle manufacturer in Latin America and seventh worldwide.

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Parada pointed out that if Mexico wants to continue being a benchmark in this industry, the companies that are part of the automotive sector chain must protect themselves against cyberattacks.

“Assemblers now require their suppliers to protect confidential information to guarantee the security and reliability of the supply chain, and if Mexico wants to continue being a strategic hub for the automotive industry, cybersecurity must be a priority.

2024-05-04 09:00:00
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