At the recent Munich Security Conference, Siemens and eight partners from industry signed the first joint charter for greater cyber security. Initiated by Siemens, the ‘Charter of Trust’ calls for binding rules and standards to build trust in cyber security.
The companies involved include Airbus, Allianz, the Daimler Group, IBM, NXP, SGS and Deutsche Telekom. The initiative is further welcomed by Canadian foreign minister and G7 representative Chrystia Freeland and has been witnessed by Elżbieta Bieńkowska, the EU Commissioner for Internal Market, Industry, Entrepreneurship and Small and Medium-Sized Enterprises.
“Confidence that the security of data and networked systems is guaranteed is a key element of the digital transformation,” said Siemens president and CEO Joe Kaeser. “That’s why we have to make the digital world more secure and more trustworthy. It’s high time we acted, not just individually, but also jointly with strong partners who are leaders in their markets. We hope more partners will join us to strengthen our initiative.”
The ‘Charter of Trust’ outlines ten action areas in the realm of cyber security where Governments and businesses must both become active. It calls for responsibility for cyber security to be assumed at the highest levels of Government and business, with the introduction of a dedicated ministry in Governments and a CISO at companies. It also calls for companies to establish mandatory, independent third party certification for critical infrastructure and solutions. In the future, security and data protection functions are to be pre-configured as part of technologies, while cyber security regulations will be incorporated in free trade agreements.