Reference

Cybersecurity and data protection in projects

Turnover 2022
> 0 billion €
Locations worldwide
> 0
Employees worldwide
> 0

case・studies

This article is for general information only and is not intended to be a professional advisor’s opinion. Perpetuo GmbH assumes no liability for the respective use of the information by the readers. Each conclusion or opinion is based on the specific facts and circumstances and, for these reasons, does not apply to all cases.

Challenges in the area of cybersecurity

Due to increasing digitalization in the business world, growing digital processes, new technologies, more networks and a resulting increase in hacker attacks, cybersecurity and data protection is becoming a major concern for companies around the world. The proliferation of digital technologies has exposed companies to a variety of potential threats, making it essential to have reliable security measures in place. From financial loss to reputational damage, the impact of data breaches highlights the critical role cybersecurity plays in protecting sensitive company information and securing the software it needs. When companies operate in this complex area, it becomes clear that the challenges go beyond purely technical solutions; the human factor also plays a decisive role here. It is therefore all the more important to train employees and raise their awareness of the issue.

From common phishing attacks that exploit human vulnerabilities to increasingly sophisticated ransomware threats, companies need to take a holistic approach to cybersecurity. Regular security audits and vulnerability assessments are an important part of a proactive strategy. There are also legal requirements that are intended to ensure greater cybersecurity in companies and can lead to penalties if they are disregarded. Beyond the legal sphere, the impact of incidents in this area on companies can be significant and lead to business interruptions and considerable financial setbacks.

This case study aims to highlight the diverse aspects of cybersecurity from a Perpetuo project and explain key findings that can shape resilient and adaptable cybersecurity strategies for organizations in the digital age. The case study illustrates the approach of the Perpetuo consultants, presents the challenges encountered during the mandate and goes into detail on the measures used to be able to act more quickly and purposefully in the event of future incidents. The project was managed by two consultants from Perpetuo GmbH, who acted as the lead project management office and were responsible for project management.

Initial situation

An internationally active German automotive supplier was the target of a cyberattack that affected three strategic locations in Germany, Hungary and the UK. The challenge was to restore communication between the production sites as quickly as possible. Not only were delivery delays a consequence of the attacks, but also the associated costs such as contractual penalties for non-delivery and lost revenue. Every day without normal operations led to financial and technical challenges for the company.

During the project, an increased number of dependencies and requirements were identified in workshops, which had a negative impact on time coordination and led to a significant increase in workload. An additional, challenging aspect of this project was the additional workload that arose alongside daily business. As a result, the sudden workload exceeded the existing capacities of those involved to actively participate in the project in parallel with daily business.

Course of the project

After the project initiation was completed, Perpetuo GmbH took over the project management office. Central to the PMO’s activities in this project was the definition and implementation of clear project management guidelines and processes. Perpetuo GmbH’s consultants ensured that all project activities were carried out in accordance with customer-specific standards to ensure consistent and efficient project implementation.

In addition to this, Perpetuo GmbH played a key role in supporting the project managers and their teams. By providing training, resources and extensive expertise, the PMO ensured that the project managers had the necessary skills and tools to work together to successfully achieve the project objectives of a fast and secure recovery of all systems. Particular attention was paid to the early identification of potential risks, with the PMO actively contributing to the development and implementation of risk mitigation measures.

In addition to the operational tasks, the PMO of Perpetuo GmbH served as a central point of contact for reporting on the progress of the project. Regular reports with detailed analyses of the project’s success were created in order to track the project’s progress and communicate it to relevant stakeholders. The reports enabled the decision-makers to make their decisions based on well-founded findings and thus manage the project effectively. General, important areas of the PMO, such as controlling, tool selection and stakeholder management, are illustrated in the following diagram and reflect the areas of responsibility in the project.

Figure 1 – PMO Wheel

Results

The successful completion of the project underlines the importance of a robust cybersecurity strategy in an increasingly digitalized world. Effective collaboration between internal teams and external experts, such as the PMO, played a key role in overcoming the challenges cited. Clear communication helped to restore the trust of all stakeholders. The company has gained valuable insights from this incident, which will be incorporated into the further development of the security strategy in order to proactively minimize future digital risks and prevent threats.

In particular, the topic of training and workshops with regard to data security was identified as relevant. Data protection is of crucial importance for international corporations in order to ensure the security, integrity and confidentiality of sensitive information. Training and workshops on data security promote a preventative security culture throughout the company. Employees become proactive players in protecting sensitive information, which significantly reduces vulnerability to data loss, cyberattacks and reputational damage. Overall, training is therefore an indispensable part of a comprehensive security strategy for corporations. In addition to employee skills, however, other influencing factors (see Figure 2) also play a major role and must be taken into account when implementing future measures.

Figure 2 – Cybersecurity influencing factors

The figure illustrates in particular the diversity of influencing factors and thus provides information on packages of measures that Perpetuo can implement in order to reduce the risk on the one hand and to be able to act quickly and in a targeted manner in an emergency on the other.

The Perpetuo offers added value through …

… Focus on value creation:

Our focus is on creating value for our customers and building sustainable success. Strategic thinking, focus on the goal and maximum commitment are at the heart of our services.

… Tailor-made approach:

We adapt our approach to the individual requirements and expectations of each client, taking into account industry-specific aspects, the timeframe of the project and numerous other factors.

… Industry and technical expertise:

Our consulting firm has a broad network of contacts and resources. We understand various sectors and markets and know what we need to focus on in various sectors.

… Acting as an implementer:

Thanks to our hands-on mentality and active, problem-solving approach, we stand by our customers as a rock in stormy times and support them in all areas of the project.

About us

Perpetuo is an international management and strategy consultancy based in Dortmund and Munich.

With more than 15 years of experience, the company has established itself as a driving force for change, innovation and shaping the future. Its excellent performance has been repeatedly recognized by various awards as one of the best consulting firms in Germany.

Perpetuo is characterized by a holistic and customer-oriented consulting approach and sustainable implementation. The company realizes complex transformation projects on an international level and adapts its services to the individual needs of its customers. In addition to major international corporations, its customers include a large number of medium-sized companies from the DACH region.

The company employs a team of over 25 internationally trained and experienced professionals and partners, led by experienced top management consultants and former corporate executives.

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Managing Partner

Konstantin Steber

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con・tact

Perpetuo GmbH is your strategic partner with offices in Dortmund and Munich. We accompany your company through all project phases as a holistic partner with in-depth industry knowledge. Together we develop tailor-made solutions and maximize your potential.

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