Fortifies end-to-end cyber portfolio to protect industrial installations
Advanced technology shrinks attack surface by more than 90 percent
Cuts cybersecurity deployment and ownership costs by 50 percent or more
MISSISSAUGA, ON, March 19, 2019 /CNW/ - Schneider Electric, the leader in the digital transformation of energy management and automation, has entered into a global partnership with Vericlave, a leading cybersecurity technology provider. Under the terms of the agreement, Schneider Electric will provide Vericlave's advanced encryption technology to further secure and protect its customers' critical IT and OT systems from the risk of cyberattack.
"Digital transformation and the growth of IoT are giving rise to new threats that can have a massive impact on the safety, productivity and profitability of industrial operations," said Gary Williams, senior director, cybersecurity offer management, Schneider Electric. "That means our customers must have a robust, nimble cybersecurity infrastructure that protects every layer of their operations. With Vericlave, we're strengthening our customers' ability to bolster their networks from within. We look forward to collaborating with Vericlave to secure the integrity of our customers' data and operations across multiple sites, while reducing systems complexity and maximizing compliance, profitability, and overall business performance."
Vericlave's proven intrusion-prevention system overlays a zero-trust stealth model at the network perimeter and within existing infrastructure to provide a secure communication tunnel between sites and to extend layers of defense across an enterprise. The plug-and-play solution has been developed and tested by the United States Department of Defense, United States Intelligence Community and in the critical infrastructure, finance, healthcare and retail markets for more than 20 years. It shrinks the attack surface by more than 90 percent (when compared to traditional Internet Protocol Virtual Private Network solutions) to eliminate the risk of incidents that lead to plant shutdowns. Additionally, its plug-and-play capability reduces installation, maintenance and other ownership and operating costs by 50 percent or more. This enables end users to reallocate engineering, maintenance and other resources back into the business, further reducing capital and operational expenditure spend.
The partnership combines Vericlave's technology with Schneider Electric's industry-leading EcoStructure™ architecture and platform to provide a multi-layered approach that includes cybersecurity solutions, services and expertise to help industrial organizations better secure their operations and strengthen their cyber posture.
EcoStruxure is Schneider Electric's open, interoperable, IoT-enabled system architecture and platform. EcoStruxure delivers enhanced value around safety, reliability, efficiency, sustainability and connectivity for customers. EcoStruxure leverages advancements in IoT, mobility, sensing, cloud, analytics, and cybersecurity to deliver Innovation at Every Level. This includes Connected Products, Edge Control, Apps, Analytics, and Services. EcoStruxure has been deployed in 480,000+ sites, with the support of 20,000+ system integrators and developers, connecting over 1.6 million assets under management through 40+ digital services.
"Most third-party cybersecurity solutions on the market today are not focused on preventing attacks; they are designed to respond to attacks," said Joel Bagnal, chief executive officer, Vericlave. "With years of industry expertise, Vericlave's military-grade technology was developed specifically to securely connect networks and associated devices in high-pressure and harsh environments over any distance, and is designed to prevent external threats from accessing customer networks and internal threats from exploiting vulnerabilities. Our offers are proven to be highly effective, easy to install, and less costly to maintain than anything like it on the market. Combined with Schneider Electric's robust cybersecurity portfolio and EcoStruxure technology, we will better safeguard industrial environments, while improving the safety and profitability of facilities worldwide."
Strengthening Trust in the Digital World
Standard distributed control and safety systems provide necessary layers of defense, such as an active directory or security management software console, which require specialized skill sets to implement and maintain. This is particularly true for oil and gas and other industrial manufacturing companies that have downstream and upstream operations. These types of environments require secure avenues of communication that enable all of their assets and systems—up and downstream—to communicate with one another, and it frequently requires a complicated, customized solution that is costly to install and secure. Vericlave's solution enables industrial end users to securely and seamlessly transfer data between their upstream and downstream operations, meaning communication across the enterprise becomes just as secure as it would be if it were within the control room itself.
"With Vericlave's technology, industrial enterprises can extend their current infrastructure so that disparate sites become extensions of the operations center, which means our customers can be more confident in the security of their data and the safety, reliability and profitability of their operations," said Williams. "With the better visibility the Vericlave offer provides, our customers will build stronger trust in digital connectivity between their people, machines and processes. It's a further example of our commitment to taking a collaborative, multi-faceted approach to cybersecurity, as well as our dedication to helping customers secure their digital transformations."
Vericlave is a cybersecurity technology and managed services company focused on preventing increasingly destructive and costly attacks on the critical assets of enterprise and government entities. At the edge of a customer's network, Vericlave's zero-trust stealth solution powered by Blue Ridge Networks software that verifies access and hides the network from unauthorized actors. The solution is comprised of a unique combination of a hardware root of trust, key management algorithms and encryption for all communications, starting with the first packet, to create isolated and secure enclaves that may be integrated into any network architecture. Proven in the U.S. intelligence community, without known security breaches to date, the solution is architecture and system agnostic, which minimizes disruption caused by implementation. For more information, visit www.vericlave.com.
About Schneider Electric
Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries.
With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software.
In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency.
We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.