White Paper – Cybersecurity as a Matter of Competitive Advantage
Cybersecurity is becoming a growing matter of competitive advantage for companies as a secure product or service turns out to be a unique selling point in an environment of ever-increasing cyber threats.
The trend towards cybersecurity is driven by increasing connectivity – in 2030, the average consumer will own ten connected devices. Further, pressure from stakeholders such as customers and policymakers is growing. The management must prepare their companies by adopting a holistic cybersecurity framework over the whole life cycle, allowing for cross-functional and -hierarchical collaboration. All four framework levers – cybersecurity strategy, processes, organization and cultural awareness – should be in line with the company’s cyber risk profile. This white paper provides insights on cybersecurity and on the proposed framework.
Transformation is moving further into the focus of strategists and decision-makers of key industries - the automotive supplier industry is particularly affected.