Shanghai, China – On October 28, 2019, Eaton, the global power management company, announced the launch of its "Current Thinking" radio series to examine emerging cyber threats in today's connected era. On October 29, 2019, at 2 p.m. United States ET, experts from Eaton Corporation and UL shared cutting-edge technologies, strategies and success stories to gain a more comprehensive understanding of the risks and data protection topics associated with the expansion of connectivity between intelligent systems.
"The International Data Corporation (IDC) predicts that there will be 41.6 billion connected devices worldwide by 2025," said Max Wandera, director of Eaton's Cybersecurity Center of Excellence. "As more connection points are created, the risk of cyberattacks will also increase. With a holistic approach to cybersecurity, businesses can better understand risks and take appropriate steps to protect data and systems, while benefiting from the benefits of digital innovation. ”
Rachna Stegall, UL's Vice President of Network Connectivity Technologies, also joined Wandera on the radio to discuss the cybersecurity risks facing businesses in today's increasingly connected ecosystem, with a particular emphasis on system response strategies and best practices for cybersecurity management, as well as recommendations on how to plan for cybersecurity and how to expand capabilities over time.
"Cybersecurity for connected products, systems, and ecosystems is a complex challenge for companies of all sizes across industries." "It's critical for organizations to understand their potential risks, conduct security risk assessments, develop cybersecurity strategies and policies, get buy-in from their organizations and senior leadership, and align with relevant cybersecurity frameworks and standards to capture best practices," says Stegall. This keeps businesses and consumers safe even as new threats and security risks emerge. ”
Eaton Corporation has partnered with UL to establish measurable cybersecurity standards for connected power management products and systems. As part of the collaboration, Eaton's two Cybersecurity Centers of Excellence in Pittsburgh, Pennsylvania, United States, and Pune, India, have successfully integrated best practices in cybersecurity processes and testing into their research and testing facilities. Recently, a series of Eaton products have received UL cybersecurity certification. This demonstrates Eaton's ability to meet the stringent standards of the relevant markets and customer demands for safe and reliable power management on a global scale. To learn more about how Eaton solves cybersecurity problems for our customers, visit Eaton.com/cybersecurity.
Eaton's "Current Thinking" series of broadcasts brings together industry experts to discuss current energy trends and innovative ideas that are transforming the world's electricity production and consumption. For more information, visit Eaton.com/CurrentThinking.
Eaton's Electric business provides global solutions to today's toughest power management challenges in markets such as Power Distribution & Circuit Protection, Backup Power Protection, Control & Automation, Lighting & Safety, Structural Solutions & Wiring Equipment, Harsh & Hazardous Environment Solutions, and Electrical Engineering Services.
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