Energy management and automation giant Schneider Electric has partnered with cyber risk management firm BitSight to develop a new Operational Technology (OT) risk identification and threat intelligence capability to enhance OT exposure detection by identifying misconfigured connected devices.
Through a joint effort, Schneider Electric will combine its expertise in OT protocols and systems with BitSight’s exposure detection and management capabilities to generate insights by detecting OT protocols exposed over the internet and contextualizing them with improved attribution.
“With the enriched data and insight collected by BitSight, Schneider Electric is developing an OT threat intelligence capability to notify and work with customers who have exposed assets or insecure Internet facing deployments,” stated Christophe Blassiau, SVP, Cybersecurity & Global CISO at Schneider Electric. The capabilities derived through this partnership will provide the data necessary to identify important areas of risk concentration and drive further remediation initiatives, benefitting both customers and the community at large.
“We are delighted to be partnering with Schneider Electric on this critically important initiative to better manage the cyber risk of Internet-connected OT systems. Both BitSight and Schneider Electric share the mission of creating trust in the digital economy by improving cybersecurity protection across all interconnected business types and industries,” said Stephen Boyer, Co-Founder and Chief Technology Officer at BitSight. “Operational Technology systems are often exposed and vulnerable to attackers who can exploit them through connected devices and converging networks. By partnering with Schneider Electric, we are proactively addressing this downstream risk by expanding our capabilities to better detect customers’ industrial infrastructure and control systems at risk and to help them improve business resilience.”
The new capability focused on risk identification and reduction across the entirety of the OT domain is not an exclusive arrangement between BitSight and Schneider Electric. Participation is open to all OT vendors willing to share information about their products to improve risk detection and attribution capabilities, BitSight said.