|Home>||IIot & Smart Technology||>Cyber Security||>Siemens & Chronicle join forces to provide industrial monitoring for energy industry|
Siemens & Chronicle join forces to provide industrial monitoring for energy industry
24 May 2019
Siemens and Chronicle, an Alphabet company, have announced a new partnership to protect the energy industry's critical infrastructure from increasingly sophisticated and malicious industrial cyber threats at Spotlight on Innovation, Siemens flagship U.S. technology and innovation conference.
Through a unified approach that will leverage Chronicle's Backstory platform and Siemens' strength in industrial cyber security, the combined offering gives energy customers unparalleled visibility across information technology (IT) and operational technology (OT) to provide operational insights and confidentially act on threats.
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 Ponemon Institute found that while 60 percent of energy companies want to leverage analytics, only 20 percent are utilising any analytics to do security monitoring in the OT environment. 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.
"The innovative partnership between Siemens and Chronicle demonstrates a new frontier in applying the power of security analytics to critical infrastructure that is increasingly dependent on digital technology," said Leo Simonovich, Vice President and Global Head, Industrial Cyber and Digital Security at Siemens Gas and Power.
"Cyber-attacks targeting energy companies have reached unprecedented speeds, and our cutting-edge managed service unlocks the analytics ecosystem offering a new level of protection from potential operational, business and safety losses."
"Energy infrastructure is an obvious example of cyber-attacks affecting the physical world and directly impacting people's lives," said Ansh Patnaik, Chief Product Officer, Chronicle. "Backstory's security telemetry processing capabilities, combined with Siemens' deep expertise, gives customers new options for protecting their operations."
The partnership between Siemens and Chronicle will help energy companies securely and cost-effectively leverage the cloud to store and categorise data, while applying analytics, artificial intelligence, and machine learning to OT systems that can identify patterns, anomalies, and cyber threats. Chronicle's Backstory, a global security telemetry platform for investigation and threat hunting, will be the backbone of Siemens managed service for industrial cyber monitoring, including in both hybrid and cloud environments. This combined solution enables security across the industry's operating environment – from energy exploration and extraction to power generation and delivery.
More information at www.siemens.com/cybersecurity-energy
- Scada software goes mobile
- Siemens & Spire in tech partnership
- Siemens launches new Simotics FD motor series
- Chemical manufacturer boosts production
- Clear benefits of standardised control
- Siemens appoints Juergen Maier as new UK chief executive
- Siemens updates NX Software with AI and ML
- Drives and Automation becomes Solution Partner for Siemens
- Siemens launches control & automation degree
- Complex configuration standardised
- Protect your ICS from cyber-attacks
- Secure data handling
- Cyber security wake-up call
- Serial-to-Ethernet server
- How secure is your ERP system?
- Malware targets industrial safety systems
- Protects controllers from manipulation
- Cyber inventory solution
- Network rental scheme
- Security flaws found in power grid systems