[Global News] Siemens establishes binding cybersecurity requirements for suppliers

These requirements will apply primarily to suppliers of security-critical components such as software, processors and electronic components for certain types of control units. Existing suppliers who do not comply with the requirements are to implement them gradually. The goal is to better protect the digital supply chain against hacker attacks. In this regard, Siemens is following the course laid down by the Charter of Trust for cybersecurity. 

"This step will enable us to reduce the risk of security incidents along the entire value chain in a holistic manner and offer our customers greater cybersecurity," said Roland Busch, member of Siemens' Managing Board and the company's Chief Operating Officer and Chief Technology Officer. He also added, "If all our partner companies put their global weight behind these measures and implement them together with their suppliers, we can generate tremendous impact and make the digital world more secure.” Siemens has been active in the field of cybersecurity for about 30 years. Its first cybersecurity team was established back in 1986. The company currently has around 1,275 employees worldwide working exclusively on cybersecurity-related matters.