Siemens forms new energy cybersecurity partnership


Siemens has today announced a new partnership which it says is designed to “protect the energy industry’s critical infrastructure from increasingly sophisticated and malicious industrial cyber threats”.

The collaboration is with Chronicle, which has developed a cybersecurity platform called Backstory which identifies threats, and together the companies will offer give energy customers visibility across information technology and operational technology, operational insights – and they will act on threats.

In a statement today, Siemens said that the energy industry “has historically been unable to centrally apply analytics to process data streams, cost-effectively store and secure data, and identify malicious threats within OT systems”.

Research conducted by Siemens and the Ponemon Institute found that while 60 per cent of energy companies want to leverage analytics, only 20 per cent are utilizing any analytics to do security monitoring in the OT environment.

Siemens said small and medium enterprises are particularly vulnerable to security breaches “as they frequently do not have the internal expertise to manage and address increasingly sophisticated attacks”.

Leo Simonovich, Global Head of Industrial Cyber and Digital Security at Siemens Gas and Power, explained: “Cyberattacks targeting energy companies have reached unprecedented speeds, and our cutting-edge managed service unlocks the analytics ecosystem offers a new level of protection from potential operational, business and safety losses.”

Siemens has also announced another cybersecurity partnership in the energy sector with TUV SUD to address the growing risk of cyberattacks on critical energy infrastructure. Here’s the story.

A similar version of this story first appeared on our sister-site, Power Engineering International.