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Automakers Need Cybersecurity Contingency Plans Amid Supply Risks

Automakers Need Cybersecurity Contingency Plans Amid Supply Risks
Automakers must have contingency plans for cybersecurity threats: Maruti Suzuki’s Hisashi Takeuchi · businesstoday.in

Car companies can be disrupted by computer attacks, bad weather and shortages of important parts.

Hisashi Takeuchi of Maruti Suzuki said companies should have backup plans for cyber incidents.

He also said better cybersecurity systems are being built, but no system can guarantee that an attack will never happen.

Maruti Suzuki maps where its suppliers are located and watches local weather to spot risks early.

This gives the company and its suppliers more time to prepare.

The automotive industry has also faced semiconductor shortages and geopolitical problems.

Takeuchi said making more parts in India could reduce some outside risks.

He added that smaller suppliers must also become strong enough to help make globally competitive vehicles.

Key facts

Speaker
Hisashi Takeuchi, Maruti Suzuki’s managing director and CEO
Cybersecurity warning
Takeuchi said cyber incidents cannot be ruled out even as organizations invest in advanced security technologies.
Disruption monitoring
Maruti Suzuki uses geo-mapping of supplier locations and localized weather intelligence.
Industry disruptions
India’s automotive industry has faced semiconductor shortages, geopolitical conflicts and supply-chain uncertainties.
Localization recommendation
Takeuchi advocated deeper localization and stronger domestic capabilities.
Supplier capability
He said capable Tier II and Tier III suppliers are necessary for world-class quality.
Related incident
Jaguar Land Rover’s cyberattack halted production at its manufacturing plants, according to the article.

Quotes

Hisashi Takeuchi

Managing Director and CEO of Maruti Suzuki

“By geo-mapping supplier locations and integrating localised weather intelligence, we are able to provide advance alerts about potential disruptions, giving suppliers and our teams more time to prepare”
businesstoday.in
“The objective is not to predict every disruption. That is impossible. The objective is to identify risks early enough to take countermeasures”
businesstoday.in

Sources

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