Aims to enhance OT exposure detection capability by identifying misconfigured connected devices Seeks to improve overall security of customers and partners in the OT environment
January 08 2023 - 2:18AM
Aims to enhance OT exposure detection capability by identifying
misconfigured connected devices Seeks to improve overall
security of customers and partners in the OT environment
Schneider Electric, the global leader in the digital
transformation of energy management and automation, and BitSight,
the leader in detecting and managing cyber risk, today announced a
strategic partnership to develop a first-of-its-kind global
Operational Technology (OT) Risk Identification and Threat
Intelligence capability.
In recent years, both opportunistic and advanced cyber threat
actors have shown increased willingness to target industrial and
operational sites. Schneider Electric and BitSight each see their
partnership as an important step in furthering their commitment to
improve the security and resilience of their communities - by
detecting OT protocols exposed over the internet and
contextualizing them with improved attribution.
Through a joint effort, Schneider Electric will fuse its deep
knowledge of OT protocols and systems with BitSight’s
market-leading exposure detection and management capabilities in
order to generate the critical insights necessary for proactive
security monitoring of externally observable risks to the OT
community. The goal of this collaboration is to strengthen
industrial security and provide more visibility into Industrial
infrastructure and Industrial Control System (ICS) devices that may
be at risk from a cyber breach.
“We are delighted to be partnering with Schneider Electric on
this critically important initiative to better manage the cyber
risk of Internet-connected OT systems. Both BitSight and Schneider
Electric share the mission of creating trust in the digital economy
by improving cybersecurity protection across all interconnected
business types and industries,” said Stephen Boyer, Co-Founder and
Chief Technology Officer at BitSight. “Operational Technology
systems are often exposed and vulnerable to attackers who can
exploit them through connected devices and converging networks. By
partnering with Schneider Electric, we are proactively addressing
this downstream risk by expanding our capabilities to better detect
customers’ industrial infrastructure and control systems at risk
and to help them improve business resilience.”
“With the enriched data and insight collected by BitSight,
Schneider Electric is developing an OT threat intelligence
capability to notify and work with customers who have exposed
assets or insecure Internet facing deployments,” stated Christophe
Blassiau, SVP, Cybersecurity & Global CISO at Schneider
Electric.
The capabilities derived through this partnership will provide
the data necessary to identify important areas of risk
concentration and drive further remediation initiatives,
benefitting both customers and the community at large.
The new capability focused on risk identification and
reduction across the entirety of the OT domain is not an exclusive
arrangement between BitSight and Schneider Electric. Participation
is open to all OT vendors willing to share information about their
products to improve risk detection and attribution
capabilities.
- Schneider Electric and BitSight announcement.jpg.jpg
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