IBM International Business Machines Corp

   By Nathan Allen 
 

Siemens AG (SIE.XE) and eight other companies have signed a joint charter on cybersecurity that sets out 10 principles aimed at mitigating risks from malicious attacks, the German industrial conglomerate said Friday.

The charter, which Siemens said is the first of its kind, calls for businesses, regulators and government to designate specific departments within their organizations to take responsibility for cybersecurity.

Other signatories to the charter include Airbus SE (AIR.FR) Allianz SE (ALV.XE) International Business Machines Corp. (IBM) and Daimler AG (DAI.XE), Siemens said in a statement.

"Confidence that the security of data and networked systems is guaranteed is a key element of the digital transformation," Siemens Chief Executive Joe Kaeser said.

The document calls for companies to establish mandatory, independent certification for software and hardware that will be used in critical infrastructure, particularly in situations when humans interact directly with machines.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

February 16, 2018 04:07 ET (09:07 GMT)

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