First cybersecurity charter presented at Munich Security Conference
At the Munich Security Conference, NXP Semiconductors and eight key partners from the industry signed the first joint charter for greater cybersecurity. Initiated by Siemens, the Charter of Trust calls for binding rules and standards to build trust in cybersecurity and to further advance digitalization.
In addition to NXP, Siemens, and the Munich Security Conference (MSC), the companies Airbus, Allianz, Daimler Group, IBM, SGS, and Deutsche Telekom signed the charter. The initiative is further welcomed by Canadian foreign minister and G7 representative Chrystia Freeland and was witnessed by Elżbieta Bieńkowska, the EU Commissioner for Internal Market, Industry, Entrepreneurship, and Small and Medium-sized Enterprises.
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, threats to cybersecurity caused damage costing more than €560 billion worldwide in 2016 alone. For some European countries, the damage ran to 1.6% of their entire gross domestic product. And in a digitalized world, threats to cybersecurity are steadily growing: according to Gartner, 8.4 billion networked devices were in use in 2017—a 31% increase from 2016. By 2020, the figure is expected to reach 20.4 billion.
You can find the text of the Charter of Trust, along with further information, at http://www.charter-of-trust.com.