Today The Guardian reported on the revealing of China’s C919 airliner. It’s China’s first venture into the super jet industry. The article highlighted the economic reasons behind this venture and in doing so backed up my own analysis of what the possible motivations behind the hacking of Rolls Royce and other European aerospace businesses 7-8 years ago may have been.
Back then many people were surprised when Rolls Royce came out and advised that they had been subject to cyber attack. However it all made sense to me as using my CRAM (Contextual Risk Assessment Methodology), I had identified the key economic factors which the Guardian has highlighted in its article starting from the 6th paragraph. These explained why there may have been a motivation for the alleged cyber attack from within China.
Boeing predicts that by 2034 Chinese airlines will need to buy 4,630 new single-aisle planes worth $490bn (£318bn) and 1,500 new wide-body airplanes worth $450bn.
I’ve regularly shared my work around utilising PESTLE as part of strategic risk assessments that I have performed. PESTLE is an abbreviation for Political, Economic, Social, Technological, Legal and Environmental factors. This type of analysis has helped me identify potential opportunities for increasing the likelihood of security incidents by focusing on the motivations behind them.
However, most of the planes criss-crossing China’s increasingly congested skies were made in the US, Europe or Brazil, where Embraer, the world’s third largest commercial aircraft manufacturer, is based.