A little over a year ago, President Joe Biden signed Executive Order 14028 on “Improving the Nation's Cybersecurity”, thereby making a significant commitment to address persistent and growing cyber threat. One year on, the Charter of Trust reflects on the improvements, challenges and possible ways forward.

Aligned to our global complexities and interdependencies, the Charter of Trust is
committed to developing ways to bolster the lines of defenses that protect supply chains and critical infrastructure through 10 core principles that build trust in digital technologies. Of them, three in particular support key areas of the EO:

  • Principle 2 – Responsibility throughout the digital supply chain: Companies –and if necessary –governments must establish risk-based rules that ensure adequate   protection   across   all   IoT   layers   with   clearly   defined   and   mandatory requirements.
  • Principle 3 – Security by default: Adopt the highest appropriate level of security and data protection and ensure that it is preconfigured  into  the  design  of  products,  functionalities,  processes,  technologies, operations, architectures, and business models.
  • Principle 8 – Transparency and response: Maintain  and expand a network  of  experts  who  share  new  insights  and  information on incidents   to   foster   collective cybersecurity;   engage   with   regulators   and   other stakeholders on threat intelligence sharing policy and exchange best practices.

The members of Charter of Trust applaud the administration for their herculean effort to improve cybersecurity and look forward to the implementation of the EO practices, always standing ready with our principles to find innovative ways to get to the same goal globally.

The full paper can be found below.

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💡Under the theme “Risk to Resilience” the first event of this series was held in London and brought together professionals from different industries and regions. Detlef participated in the panel about the complex regulatory landscape and emphasized that new legislation like the EU AI Act, DORA and Hashtag#NIS2 continue to push the standard of care on cybersecurity and other risks.

Thanks to Shared Assessments for organizing such an amazing event and inviting the Charter of Trust to participate in this high-class panel alongside Andrew Moyad, CEO at Shared Assessments.
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Strong networks and effective cooperation are the key to successfully shaping the digital future in Germany. Cybersecurity is a team effort, and that was again visible last week at the 36th Cyber Security Day in Berlin.

🌐On 26 September 2024, the Bundesamt für Sicherheit in der Informationstechnik (BSI), Alliance for Cyber Security, and the DIHK invited experts, companies, authorities and political decision-makers to jointly strengthen Germany's cyber resilience.

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What a great opportunity for Morten Kromann, Head of Industrial Security Denmark at Siemens, to present the Charter of Trust perspective on cybersecurity regulations like Hashtag#NIS2 at the Nordic Cyber Summit in Copenhagen.

This year the summit was again a formidable event to engage with top cybersecurity experts, share insights, and discuss strategies to navigate the ever-evolving threat landscape in the Nordic region with the theme “Fortifying the Future: Building Cyber Resilience in a Transformed World”.

A main aspect highlighted by Morten was the discrepancies between the NIS2 directive’s incidents reporting timeframe and related provisions adopted in other legislations. These regulatory overlaps create difficult compliance environments for industry and costly operational pressures which add to the fragmentation of the market instead of harmonizing it. That is why the Charter of Trust emphasizes streamlining reporting requirements stemming from these different legislative frameworks and developing single entry points for reporting on the national level.

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