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Schneider Electric and Claroty Collaborated for Cyber Threat Solutions

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Schneider Electric has introduced Cybersecurity Solutions for Buildings, a solution that helps customers in securing their building management systems (BMS) to protect their people, assets, and operations. The partnership will help Claroty combine its award-winning technology with Schneider Electric industry expertise and services to identify all facility-wide assets, deliver unparalleled risk and vulnerability management capabilities, and provide continuous threat monitoring to protect enterprise investments. Claroty is a security company for cyber-physical systems in industrial, healthcare, and commercial environments.

Annick Villeneuve, Vice President of Digital Enterprise Solutions, Schneider Electric commented, “The integration of IoT in buildings is sparking an exciting shift across the sector, but like with any innovation, it also presents new risks. For threat actors looking to disrupt operations, benefit financially, and/or achieve other objectives, and in so doing to put individuals at risk, buildings can appear to be the perfect target. It is with this in mind that we are partnering with Claroty to bring our customers a comprehensive, industry-leading solution that meets the unique security and operational risks facing buildings of today and the future.”

By 2050, it is expected that half of today’s buildings will still be in use. This is causing commercial buildings to digitize their assets, including updating their building management system. Indeed, IoT technology for buildings is expected to grow from 1.7 billion connected devices at the end of 2020 to more than 3 billion by 2025. As these commercial buildings evolve into smart buildings of the future, they share increased risk exposure. The industry must address the security issues raised by smart buildings. According to research, 57% of IoT devices are vulnerable to medium or high-severity attacks. Cyberattacks have already caused damage to several businesses, including critical infrastructures such as hospitals, data centers, and hotels.

Keith Carter, Vice President of Worldwide Channels and Alliances at Claroty stated, “When it comes to securing cyber-physical systems, including BMS, the number one priority is to keep physical processes operational and safe. By fusing Claroty’s deep domain expertise and purpose-built technology with Schneider Electric’s renowned services and commitment to driving digital transformation globally, we are empowering our customers to reap the benefits of smart building technologies without increasing their exposure to cyber risk, thereby taking a profound step toward creating a more efficient, sustainable future for the world.”

Schneider Electric and Claroty’s Cybersecurity Solutions for Buildings package includes asset discovery, risk assessment, remote access control, threat detection, and response. It will provide building owners, facility operators, and security teams with a simple solution that identifies baseline risks and continuously reduce both cyber and asset risks. It identifies and remediates threats in their environment before services are disrupted without adding additional workload. Provides a solution for automated asset discovery and network mapping that identifies and catalogs all system assets (BMS, IoT, UPS, Power Systems, etc.).

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