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Security in the driver's seat: Achieving cyber resilience in automotive

  2. CISOs in automotive companies need to: • Protect critical IT and manufacturing systems • Manage the vulnerabilities of a broad ecosystem of relationships • Handle growing data demands No industry is safe from the threat of cyberattacks On average, automotive companies had 160 targeted attacks in the last year 160 2Copyright © 2018 Accenture Security. All rights reserved.
  3. Security must be “business first” 3 Cybersecurity decision making is elevated…. of automotive executives say that cybersecurity budget authorization rests with the Board of Directors. 30% ….and confidence in cybersecurity capabilities runs high… of automotive executives are confident that they can quickly recover manufacturing operations in the event of a cyberattack. 81% ….yet the reality is less impressive out of 33 cybersecurity capabilities, automotive is high-performing in just 18. 18/33 Copyright © 2018 Accenture Security. All rights reserved.
  4. Three actions can help tackle the next wave of cyberattacks: Secure operational technology environments Safeguard the supply chain Shift from product-oriented to customer-centric business 4Copyright © 2018 Accenture Security. All rights reserved.
  5. As OT environments become more connected, they become more vulnerable. Threats include: • Protecting intellectual property while preventing production downtimes in the age of the Industrial Internet of Things • Managing the dramatic differences in the environments of IT and OT, even as they converge Secure operational technology (OT) environments of automotive executives recognize the risks from new business models and the increase in attack surface, less than global respondents (82%). 71% 5Copyright © 2018 Accenture Security. All rights reserved.
  6. Manufacturers must be confident that the security measures applied extend beyond their four walls. Challenges include: • Being reliant on third parties producing up to 70% of their product • Managing more than 5,000 changeable car parts and thousands of different manufacturers • Smaller manufacturers don’t operate the same security measures • Maintaining security across a network of thousands of dealers and sales representatives • Growing evidence of exploitation, e.g. compromising car systems Safeguard the supply chain 6 of automotive executives rate their third-party cybersecurity high performing, 9% lower than global respondents. 50% There are weaknesses in security across the entire supply chain: of automotive companies said they do not apply the same security standards to their partners as their own business.* 37% Copyright © 2018 Accenture Security. All rights reserved.
  7. New technologies and changing customer expectations mean automotive companies need to think differently about what they are selling and how. Issues include: • Managing huge data volumes • Being more customer-centric/customer experience focused • Becoming a transportation services provider e.g. mobility, connected services Shift from product- oriented to customer- centric business 7 44% 42% protect customer information as part of their cybersecurity strategy. protect organization information. The pressure is on to protect data vulnerabilities: Copyright © 2018 Accenture Security. All rights reserved.
  8. Automotive executives know there is work to do 8 64% 47% of automobile executives hold their partners to the same or higher cybersecurity standards as their business, and audit regularly. recognize they need to improve security monitoring. 44% recognize they need to improve cyber threat analytics—the “basics” of security programs. Copyright © 2018 Accenture Security. All rights reserved.
  9. The journey to accelerate value 9 01 Address security fundamentals Harden and protect core assets, pressure-test resilience and automate defenses using breakthrough technologies, intelligence and data. 02 Extend security to the wider ecosystem Identify risk among third-party suppliers, manufacturers, and dealers and support an ecosystem of vendors. 03 Create a safety-by-design culture Create a safety culture for cybersecurity efforts, driven by a next-generation CISO who is tech- and business-savvy. Copyright © 2018 Accenture Security. All rights reserved.
  10. About the research 10Copyright © 2018 Accenture Security. All rights reserved. Automotive executives Companies with revenues >US$6bn Countries: Australia | Brazil | France | Germany Italy | Japan | Singapore | Spain United Kingdom | United States Survey conducted 2018 RESPONDENTS’ TITLES Chief Information Officer Chief Security Officer Chief Compliance Officer Chief Risk Officer Corporate Security Officer Chief Security Architect 101 63 10
  11. Read the full report: 11 /showcase/accenture-industrial /showcase/accentureconsulting About Accenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions—underpinned by the world’s largest delivery network—Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With 459,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at Copyright © 2018 Accenture. All rights reserved. Accenture, its logo, and New Applied Now are trademarks of Accenture. Stay Connected @AccentureInd @AccentureConsult Copyright © 2018 Accenture Security. All rights reserved. Note: Unless otherwise stated, the statistics in this point of view represent retail respondents in the survey report “Gaining ground on the attacker: 2018 State of Cyber Resilience,” Accenture 2018. *Cyber Threatscape Report 2018, Midyear cybersecurity risk review, Accenture.