Collaboration for a cybersecure future
Establishing and maintaining trust is vital in the new digital economy. If trust is lost, markets will close, and businesses will fail. This is the stark reality for the digital transformation of companies. No one can afford to pass up the enormous potential of digitalization but at the same time no one can afford to run a system that is vulnerable to attack and data leakage.
Being entrusted with the data of customers, objects and processes is a privilege. It will improve and transform business models. But to be worthy of this privilege requires a clear approach to control security and maintain trust. This becomes even harder as companies are interconnected via global supply chains and global data chains are permeating more and more sectors.
Cybersecurity is not only an individual problem but a global challenge. We need to include everyone on the journey to a secure digital economy.
Charter of Trust
Understanding the importance of trust, we founded the Charter of Trust with 9 other global companies from different sectors, soon joined by 6 more. We agreed as partners that we should not wait for others to solve the cybersecurity issue at hand. We have developed a principled approach to implement smart business-driven solutions.
As a company deeply engaged in digital transformation and its implications, we understand what it means to manage, secure and use data and what happens to our businesses and to customers and end-users when we get it wrong.
Our Digital Industry Summit begins this week and will gather together some of the biggest and most important players in industry. These experts are best placed to design and deliver security. And they must.
Industry collaboration is vital
The frontier for cybersecurity has shifted. Hackers now not only exploit weaknesses in IT infrastructure but also those that have historically been less exposed, such as industrial control systems (ICS) or operational technology (OT). These cross-domain attacks are on the rise, as industrial companies move towards Industry 4.0 and the industrial IoT.
All processes covering the digital and physical realm must be protected – IT, OT and IoT.
This is where collaboration and partnership are key. An example of this is between ourselves and Siemens. We bring our experience in end to end digital transformation, IT-Security and data management, and Siemens, as global industrial technology leader, its knowledge of industrial processes, equipment and networks. Working together we are able to ensure that all networked systems are reliable and secure while bringing the benefits of digital transformation to our clients.
Digitalization adds tremendous value and will be a revolution on a par with electrification. However the challenge of cybersecurity could significantly deter the transformation. We have decided to work together for security and trust, to enable digital transformation and reap its benefits for humanity. We are proud to be a founding member of the Charter of Trust.
The 2018 Digital Industry Summit is taking place on October 16, 2018 at Palais Brongniart in Paris. It is an exceptional event that enables industrial enterprises to find the technological, human and organizational answers to the challenges of digitalization, by meeting the actors in their ecosystems, from end users and machine manufacturers, to integrators, political instances, trade associations and training organizations.