Progress was made in the tech world today, specifically in the cybersecurity realm, thanks to 34 global technology and security companies who took part in a Cybersecurity Tech Accord.
The news broke on all major media outlets, and soon enough, social media sites like LinkedIn caught on. Why? Well, it may have something to do with the fact that this is the first time that a large group of companies has agreed on something so important like cybersecurity. The magnitude of this topic is so important because cybersecurity is affecting customers on a large scale everyday.
Cybersecurity No More
The idea that of cybersecurity is one that can send shivers down the spines of customers everywhere, especially those who have fallen victim to online crime. Besides from customers, enterprises suffer when cybercrime strikes as well, because of the constant fear of failing to protect their own customers.
“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.”Cyber Tech Accord reports.
Unfortunately, even in the modern world we live in, there are very little solutions to cybercrime. Protecting your company and customers against malware malicious attacks by cybercriminals is not only a priority, it is a necessity at this point, and now, major tech giants are backing these efforts.
Enterprises Come Together
Today, on April 17th, 34 security and tech companies came together in order to sign an agreement that vows to defend customers from the vicious world of cybercrime.
“The 34 companies include ABB, Arm, Cisco, Facebook, HP, HPE, Microsoft, Nokia, Oracle, and Trend Micro, and together represent operators of technologies that power the world’s internet communication and information infrastructure.” Cyber Tech Accord reports.
These companies have promised for a stronger defense against cybercrime, and to, above all else, protect customers no matter what walk of life they come from, or how serious or dangerous the attack is by signing a tech sector accord. The accord is meant to help take a principled path towards more solutions that will defend customers from attacks.
The Cybersecurity Tech Accord
The tech industry has rallied around The Cybersecurity Tech Accord, by promising to be devoted to protecting against vicious crime online. First, all major companies promised to recognize that protection is needed among all customers and organizations.
Next, the companies will not participate in any type of government cyber attacks against citizens and enterprises. Instead, the companies will protect against tampering with their products and services by being involved in each and every stage of the tech development that takes place.
All 34 companies have agreed to empower technology, and encourage it among enterprises and customers, regardless of prior principals and beliefs.
“The Tech Accord remains open to consideration of new private sector signatories, large or small and regardless of sector, who are trusted, have high cybersecurity standards and will adhere unreservedly to the Accord’s principles.” Cyber Tech Accord reports.
Overall, this accord will help push positive efforts about cybersecurity forward. It will work on taking action against cybercrime online, and most importantly, will protect customers from attacks. The fact that top tech enterprises are coming together to agree on one movement, proves that this topic is not just important, but it is essential that it is taken seriously.
The Millennium Alliance is thrilled to present our bi-annual Transformational CISO Assembly, taking place this year on May 9-10, 2018 at the Hutton Hotel in Nashville, TN.
With the instances of cyber attacks increasing, businesses of all sizes are working tirelessly to secure their networks, devices, and data. Fortune 500 organizations are especially vulnerable as they have big data pools and thousands of people who need access. CISOs need to plan for worst-case scenarios, stay ahead of latest IT Security transformation technology, and maintain their company’s information assets, all without losing sight of the corporate culture.