REDMOND, Washington--18 Apr--PRNewswire/InfoQuest
Companies across every layer of internet communication vow to defend against misuse of their technology; promise to protect all
customers regardless of nationality, geography or attack motivation.
On Tuesday, 34 global technology and security companies signed a Cybersecurity Tech Accord , a watershed agreement among the
largest-ever group of companies agreeing to defend all customers everywhere from malicious attacks by cybercriminal enterprises and nation
states. The 34 companies include ABB, Arm, Cisco, Facebook, HP, HPE, Microsoft Corp., Nokia, Oracle, and Trend Micro, and together represent
operators of technologies that power the world's internet communication and information infrastructure.
"The devastating attacks from the past year demonstrate that cybersecurity is not just about what any single company can do but
also about what we can all do together," said Microsoft president Brad Smith. "This tech sector accord will help us take a principled path
toward more effective steps to work together and defend customers around the world."
The companies made commitments in four areas.
Stronger defense
The companies will mount a stronger defense against cyberattacks. As part of this, recognizing that everyone deserves protection,
the companies pledged to protect all customers globally regardless of the motivation for attacks online.
No offense
The companies will not help governments launch cyberattacks and will protect against tampering or exploitation of their products
and services through every stage of technology development, design and distribution.
Capacity building
The companies will do more to empower developers and the people and businesses that use their technology, helping them improve
their capacity for protecting themselves. This may include joint work on new security practices and new features the companies can deploy in
their individual products and services.
Collective action
The companies will build on existing relationships and together establish new formal and informal partnerships with industry,
civil society and security researchers to improve technical collaboration, coordinate vulnerability disclosures, share threats and minimize
the potential for malicious code to be introduced into cyberspace.
The companies may have adhered to some or all of these principles prior to the accord, or may have adhered without a public
commitment, but this agreement represents a public shared commitment to collaborate on cybersecurity efforts. The Tech Accord remains open
to consideration of new private-sector signatories, large or small and regardless of sector, that are trusted, have high cybersecurity
standards and will adhere unreservedly to the accord's principles.
"The real-world consequences of cyberthreats have been repeatedly proved. As an industry, we must band together to fight
cybercriminals and stop future attacks from causing even more damage," said Kevin Simzer, chief operating officer, Trend Micro.
The victims of cyberattacks are businesses and organizations of all sizes, with economic losses expected to reach $8 trillion by
2022.* Recent cyberattacks have caused small businesses to shutter their doors, hospitals to delay surgeries and governments to halt
services, among other disruptions and safety risks.
"The Tech Accord will help to protect the integrity of the 1 trillion connected devices we expect to see deployed within the next
20 years," said Carolyn Herzog, general counsel, Arm. "It aligns the resources, expertise and thinking of some of the world's most important
technology companies to help build a trusted foundation for technology users who will benefit immensely from a more security-connected
world."
Companies that signed the accord plan to hold their first meeting during the security-focused RSA Conference taking place in San
Francisco, and will focus on capacity building and collective action. Future actions may include jointly developed guidelines or broadly
deployed features, as well as information sharing and partnering to combat specific threats to make the online world a safer place for
people and businesses everywhere — and uphold the promise and benefit technology offers society.
Cybersecurity Tech Accord signatories:
- ABB - Bitdefender - Cisco
- Arm - BT - Cloudflare
- Avast! - CA Technologies - DataStax
- Dell - HPE - SAP
- DocuSign - Intuit - Stripe
- Facebook - Juniper Networks - Symantec
- Fastly - LinkedIn - Telefonica
- FireEye - Microsoft - Tenable
- F-Secure - Nielsen - Trend Micro
- GitHub - Nokia - VMware
- Guardtime - Oracle
- HP Inc. - RSA
About the Cybersecurity Tech Accord
The Cybersecurity Tech Accord is a public commitment among 34 global companies to protect and empower civilians online and to
improve the security, stability and resilience of cyberspace. Learn more at www.cybertechaccord.org .
* Loses are cumulative over five year, 2017–2022. James Moar; Juniper Research: The Future of Cybercrime & Security: Enterprise
Threats & Mitigation 2017-2022 (April 25, 2017);
https://www.juniperresearch.com/researchstore/innovation-disruption/cybercrime-security/enterprise-threats-mitigation
Video - https://www.youtube.com/watch?v=ZfCUXq4V6ZY
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