Cybersecurity Nightmare in Japan Is Everyone Else’s Problem Too
Kojima Industries Corp. is a small company in Japan, where it produces cup holders, USB sockets and door pockets for car interiors. But its modest role in the automotive supply chain is a critical one. And when the company was hacked in February 2022, it brought Toyota Motor Corp.’s entire production line to a screeching stop.
The world’s top-selling carmaker had to halt 14 factories at a cost of about $375 million, based on a rough calculation of its sales and output data. Even after the initial crisis was over, it took months for Kojima to get operations close to their old routines.
To read the full article from Bloomberg, click here: https://www.bloomberg.com/news/features/2023-04-17/rising-cyberattacks-in-japan-show-how-us-europe-are-also-vulnerable?mod=djemCybersecruityPro&tpl=cy&leadSource=uverify%20wall
For more industry news, click here.
