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Cybersecurity charter aims to build confidence in data and network security

16 February 2018

At the recent Munich Security Conference, Siemens and eight industry partners signed the first joint charter for greater cybersecurity.

The Charter of Trust calls for binding rules and standards to build trust in cybersecurity and further advance digitalisation. Charter signatories include Siemens, Airbus, Allianz, Daimler Group, IBM, NXP, SGS and Deutsche Telekom.

"Confidence that the security of data and networked systems is guaranteed is a key element of the digital transformation," said Joe Kaeser, president and CEO at Siemens. "That is why we have to make the digital world more secure and more trustworthy. It's high time we acted – not just individually but jointly with strong partners who are leaders in their markets. We hope more partners will join us to further strengthen our initiative."

The Charter delineates 10 action areas in cybersecurity where governments and businesses must both become active. It calls for responsibility for cybersecurity to be assumed at the highest levels of government and business, with the introduction of a dedicated ministry in governments and a chief information security officer at companies.

It also calls for companies to establish mandatory, independent third-party certification for critical infrastructure and solutions – above all, where dangerous situations can arise, such as with autonomous vehicles or the robots of tomorrow, which will interact directly with humans during production processes. In the future, security and data protection functions are to be preconfigured as a part of technologies, and cybersecurity regulations are to be incorporated into free trade agreements.

The Charter's signatories also call for greater efforts to foster an understanding of cybersecurity through training and continuing education as well as international initiatives.

According to the ENISA Threat Landscape Report, cybersecurity attacks caused damage totalling more than €560 billion worldwide in 2016 alone. For some European countries, the damage was equivalent to 1.6 percent of the gross domestic product. And in a digitalided world, the threats to cybersecurity are steadily growing: According to Gartner, 8.4 billion networked devices were in use in 2017 – a 31% increase over 2016. By 2020, the figure is expected to reach 20.4 billion.

The Charter of Trust is available at:

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