Auto Industry Struggling With Creating A Cyber Trust

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

The trust required throughout the system is multi-layered and complex: the developer trust, the ecosystem trust, and the buyer’s trust. And at least one has no solution.

... [+]

governments, manufacturers, suppliers and sub-suppliers that appropriate designs, tests and improvements are being installed and maintained to build trust in the cybersecurity.John W. Peterson’s 1970 hymn’s chorus is “I will trust you when I cannot see, when I’m faced with adversity, and believe your will is always best for me. I will trust when I cannot see.

. This technological milestone placed the industry on notice of the impeding deluge of hacks, and highlighted the urgent need to address trust in the fidelity of the overall system. That confidence, though, is multi-layered and complex: the developer trust, the ecosystem trust, and the buyers’ trust.... [+]The layers of trust from the manufacturer downward are almost as deep as the 2010 thriller “Inception.” The CEO must trust the Chief Information Security Officer who must trust the mid-management to oversee the requirements being built into the vehicle programs will meet or exceed regulations from around the world.

Part of the challenge,” elaborates Block Harbor’s COO, Murtada Hamzawy, “is that while trying to overcome those business challenges there’s a new level of trust required; moreso than previously. Having a platform where all parties can see in real-time that proper testing has happened helps to quickly ensure that trusting relationship.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China approves launch of retail funds to revitalize struggling stock marketChina granted approval for the launch of 37 retail funds, marking a significant step in the government's endeavors to rejuvenate a sluggish stock market amid economic challenges.
Source: FoxNews - 🏆 9. / 87 Read more »