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Porsche CFO: we must safeguard data infrastructure

By:
Reuters
Published: Oct 28, 2022, 13:06 GMT+00:00

BERLIN (Reuters) - Porsche's Chief Financial Officer Lutz Meschke said critical infrastructure, particularly data infrastructure, needed better protection in Germany and worldwide to protect supply chains from overlapping crises.

German carmaker Porsche, CFO Lutz Meschke attends the company's annual news conference in Stuttgart

BERLIN (Reuters) – Porsche’s Chief Financial Officer Lutz Meschke said critical infrastructure, particularly data infrastructure, needed better protection in Germany and worldwide to protect supply chains from overlapping crises.

The chief financial officer did not specify who needed protection from whom but cited the recent attacks on the Nord Stream pipelines and Deutsche Bahn as examples of breaches to security with severe consequences for supply.

Porsche had not yet been affected by such attacks, Meschke added: “It’s a general concern…if we see similar situations in upcoming months, it’s a common goal to achieve a more stable situation when it comes to protection of infrastructure,” he said.

(Reporting by Victoria Waldersee; editing by Matthias Williams)

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