Editor’s Note: Every aspect of motor vehicle performance is closely regulated, how long will automotive cybesecurity remain the exception?
From: InformationWeek
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“Drive transformational change” is a familiar phrase for many in IT, but McKinsey has identified this as a crucial skill for the automotive industry. “With innovation and product value increasingly defined by software, OEMs need to align their skills and processes to address new challenges like software-enabled consumer value definition, cyber security, data privacy, and continuous product updates.”
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New entrants into the car market are coming from the IT sector. According to the McKinsey report: “While Tesla, Google, and Apple currently generate significant interest, we believe that they represent just the tip of the iceberg. Many more new players are likely to enter the market, especially cash-rich high-tech companies and start-ups. These new entrants from outside the industry are also wielding more influence with consumers and regulators.”
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