As the automotive sector embraces digital advancements to fuel growth, it simultaneously encounters new challenges concerning supply chain and third-party risk management. The interconnected nature of the industry often amplifies the risk, as vulnerabilities in any third-party or supply chain component could potentially compromise the entire system.

For instance, the 2020 ransomware attack on Asahi Kasei Microdevices (AKM), a global tech provider, disrupted the supply chain of numerous car manufacturers [3]. This incident illustrated the urgent need for comprehensive third-party risk management and stringent supply chain security in the automotive industry.

At Responsible Cyber Pte. Ltd., we offer specialized solutions to manage and mitigate these risks. We scrutinize your third-party associations and supply chains, identify potential weak links, and establish robust controls to preserve the integrity of your operations. Our goal is to equip you with a resilient, secure supply chain that aligns with your organizational objectives, thereby enhancing your overall security posture [4].

References:
1. Andy Greenberg, "Hackers Remotely Kill a Jeep on the Highway—With Me in It," Wired, July 2015.
2. McKinsey & Company, "Cybersecurity in the automotive industry," February 2021.
3. Catalin Cimpanu, "Ransomware attack at German tech firm threatens car production worldwide," ZDNet, November 2020.
4. Deloitte Insights, "Managing risk in the global supply chain," February 2020.