What challenges does the automotive industry face in managing digital risks, and how can digital risk protection address them?
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The automotive industry faces several challenges in managing digital risks, such as cybersecurity threats, data breaches, hacking attempts, and vulnerabilities in connected vehicles. Digital risk protection can address these challenges by implementing security measures like encryption, firewalls, intrusion detection systems, regular security audits, employee training on digital security best practices, and adopting technologies like blockchain for secure data storage and transmission. Additionally, collaborating with cybersecurity experts and staying updated on the latest digital threats can help mitigate risks in the automotive industry.