Aims to enhance OT exposure detection capability by identifying misconfigured connected devicesĀ Seeks to improve overall security of customers and partners in the OT environment

Schneider Electric, the global leader in the digital transformation of energy management and automation, and BitSight, the leader in detecting and managing cyber risk, today announced a strategic partnership to develop a first-of-its-kind global Operational Technology (OT) Risk Identification and Threat Intelligence capability.

In recent years, both opportunistic and advanced cyber threat actors have shown increased willingness to target industrial and operational sites. Schneider Electric and BitSight each see their partnership as an important step in furthering their commitment to improve the security and resilience of their communitiesā€‹ -ā€‹ by detecting OT protocols exposed over the internet and contextualizing them with improved attribution.

Through a joint effort, Schneider Electric will fuse its deep knowledge of OT protocols and systems with BitSight's market-leading exposure detection and management capabilities in order to generate the critical insights necessary for proactive security monitoring of externally observable risks to the OT community. The goal of this collaboration is to strengthen industrial security and provide more visibility into Industrial infrastructure and Industrial Control System (ICS) devices that may be at risk from a cyber breach.

"We are delighted to be partnering with Schneider Electric on this critically important initiative to better manage the cyber risk of Internet-connected OT systems. Both BitSight and Schneider Electric share the mission of creating trust in the digital economy by improving cybersecurity protection across all interconnected business types and industries," said Stephen Boyer, Co-Founder and Chief Technology Officer at BitSight. "Operational Technology systems are often exposed and vulnerable to attackers who can exploit them through connected devices and converging networks. By partnering with Schneider Electric, we are proactively addressing this downstream risk by expanding our capabilities to better detect customers' industrial infrastructure and control systems at risk and to help them improve business resilience."

"With the enriched data and insight collected by BitSight, Schneider Electric is developing an OT threat intelligence capability to notify and work with customers who have exposed assets or insecure Internet facing deployments," stated Christophe Blassiau, SVP, Cybersecurity & Global CISO at Schneider Electric.

The capabilities derived through this partnership will ā€‹provide the data necessary to identify important areas of risk concentration and drive further remediation initiatives,ā€‹ benefitā€‹tingā€‹ both customers and the community at large.Ā  ā€‹Ā Ā Ā Ā  ā€‹

Thā€‹eā€‹ā€‹ ā€‹new capability focused on risk identification and reduction across the entirety of the OT domain ā€‹is not an exclusive arrangement between BitSight and Schneider Electric. Participation is open to all OT vendors willing to share information about their products to improve risk detection and attribution capabilities.

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PEP11 Update Federal Court Judicial Review

PEP11 Update Federal Court Judicial Review

BPH Energy (BPH:AU) has announced PEP11 Update Federal Court Judicial Review

Download the PDF here.

BPH Energy Limited  PEP11 Update Federal Court Judicial Review

BPH Energy Limited PEP11 Update Federal Court Judicial Review

Perth, Australia (ABN Newswire) - BPH Energy Limited (ASX:BPH) advises that investee Advent Energy Limited's (BPH 36.1% direct interest) 100% subsidiary Asset Energy Pty Ltd has applied to the Federal Court for an Originating Application for judicial review pursuant to s 5 of the Administrative Decisions (Judicial Review) Act 1977 (Cth) and s 39B of the Judiciary Act 1903 (Cth) to review a Decision of the Commonwealth-New South Wales Offshore Petroleum Joint Authority, constituted under section 56 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth). By the Decision, the Joint Authority refused the Joint Venture Applications made on 23 January 2020 and 17 March 2021 to vary and suspend the conditions of the PEP-11 Permit, pursuant to section 264(2) of the Act, and to extend the term of the PEP 11 Permit, pursuant to section 265 of the Act.

The Originating Application seeks:

1. An order quashing or setting aside the Decision;

2. A declaration that the Decision is void and of no effect; and

3. An order remitting the First Application and Second Application to the Joint Authority for reconsideration according to law.

Asset Energy Pty Ltd is a 100 % owned subsidiary of Advent Energy Ltd and has lodged the appeal as Operator for and on behalf of the PEP11 Joint Venture Partners, Bounty Oil and Gas NL (ASX:BUY) and Asset Energy Pty Ltd.



About BPH Energy Limited: Ā 

BPH Energy Limited (ASX:BPH) is an Australian Securities Exchange listed company developing biomedical research and technologies within Australian Universities and Hospital Institutes.

The company provides early stage funding, project management and commercialisation strategies for a direct collaboration, a spin out company or to secure a license.

BPH provides funding for commercial strategies for proof of concept, research and product development, whilst the institutional partner provides infrastructure and the core scientific expertise.

BPH currently partners with several academic institutions including The Harry Perkins Institute for Medical Research and Swinburne University of Technology (SUT).



Source:
BPH Energy Limited

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