From zero to one hundred in three seconds - the future of the German automotive industry (3/3)
European companies are investing heavily in digital innovation - more than their American counterparts. This is the result of an independent study in which over 500 executives from different sectors were interviewed. A particularly strong innovation driver is the German automotive industry, which, through the acquisition of IT companies and through new partnerships, is setting the pace for innovation for their industry.

Source: Bain & Company

According to the study, the decisive competitive advantage for European companies is "awareness of safety-relevant issues". Both European executives and European customers are more concerned about safety than American ones. This gives European companies the opportunity to develop and distribute better and more cost-effective security solutions for security-conscious customers worldwide.

But even if investments in IT and the awareness of IT security have increased, this alone does not secure the market leadership of the German automotive industry in the future. New knowledge and the acquired know-how must be protected - without gaps.

Digital threats through social engineering (pretending to be someone else and influencing people to make them pay or act in a desired way), Ransomware (demanding a ransom after infiltrating malicious software) and Shadow-IT (Use of potentially unsafe technologies / applications by employees and thus avoiding the use of security guidelines, causing sensitive / company-internal information to become public), are taking place every day and must be combated.

Because cybercrime, especially against companies in the machine building industry, is steadily increasing. With the help of a well thought out safety concept and the appropriate communication solutions the automotive industry can secure its know-how, and can continue working on further innovations in the future safely.

With Cryptshare, automotive manufacturers can exchange information ad hoc, securely and with a detailed audit trail

  1. Design data (CAD files)
  2. Financing documents with autobanks, leasing companies etc.
  3. Information between designer and prototype builders.
  4. Confidential printed documents (prospectuses before publication)
  5. E-mails with attachments, e.g. Orders, CE certificates, material standards, etc. directly from their ERP system
  6. Large data between the marketing department and external agencies (images, videos, printed flags, animations)
  7. Confidential data with external test locations
  8. Information with machine operators with regard to planned production lines
  9. Personnel-relevant information on a digital basis (e.g. payroll, employment contracts, etc.)
  10. Sensitive and personal information between the works council and employees

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