TÜV SÜD joins “Charter of Trust” for a secure digital world
(L-R) Prof. Dr.-Ing. Axel Stepken, Chairman of the Board of Management of TÜV SÜD AG; Patrick Pouyanné, Chairman & CEO, Siemens President and CEO, Joe Kaeser, Total; Michael Dell, Chairman & CEO, Dell Technologies, and Michael Timmeny, SVP & Chief Government Strategy Officer of Cisco. Photo Credit: Bloomberg LP.
Prof. Dr.-Ing. Axel Stepken, Chairman of the Board of Management of TÜV SÜD AG, joined a Charter of Trust signing ceremony in Washington, D.C., on May 17, during the National Infrastructure Week. Companies including Siemens, Cisco, Dell Technologies and Total also joined the ceremony at Bloomberg. The Charter of Trust global cybersecurity initiative is designed to prevent harm to people, businesses, infrastructure and assets by establishing a reliable basis upon which the Fourth Industrial Revolution can be built on. TÜV SÜD is one of the 16 official partners of the "Charter of Trust", a global initiative for more cybersecurity.
One of the initiative’s key goals is to develop and implement rules for ensuring cybersecurity throughout the networked Environment. "We are pleased to be a member of the Charter of Trust and contribute to this initiative by protecting critical systems and large volumes of sensitive data for our customers’ business continuity, building trust in the digital world of today and tomorrow.” Prof. Stepken said.
The Charter or Trust was announced at the Munich Security Conference (MSC) in February 2018. The initiative was founded by companies such as Airbus, Allianz, Daimler Group, IBM, NXP and Deutsche Telekom. With TÜV SÜD, Siemens, Cisco, Dell and Total joining this initiative, the Charter of Trust has 16 members from international larger corporation.
Digitalization brings many risks when it comes to cyber security. The cloud, big data, Internet of Things (IoT), artificial intelligence and smart city become a big challenge for security and data protection. “For us, Cybersecurity is the essential part of our services for our clients all over the world and therefore we feel very comfortable to be part of the Charter of Trust” said Prof. Stepken. In 2017, the international service provider invested approximately EUR 123 million in expanding its testing infrastructure, in developing services and business models in the fields of digitisation and the Internet of Things (Industry 4.0), as well as in training of its staff to ensure digital readiness. It also acquired Uniscon GmbH, a supplier of highly secure cloud solutions for data processing, last year.