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EATON CORPORATION PLC

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Eaton : and UL collaborate on cybersecurity education, advancing secure environments for critical infrastructure

06/28/2021 EDT
'At Eaton, we know cybersecurity is a foundational building block that's vital to a more digital and connected world, and for critical infrastructure like healthcare, it's absolutely essential to have global standards that are consistent,' said Max Wandera, director, Product Cybersecurity Center of Excellence at Eaton. 'Whether online, in-person or on-demand, we continue to invest in industry education and training programs to help our customers advance a more cybersecure future.'
In the new session, Eaton and UL underscore the essential need for global cybersecurity standards and endorse adoption of UL 2900and International Electrotechnical Commission (IEC) 62443cybersecurity standards for medical and operational technology (OT) devices, associated systems and development processes. The average cost of a healthcare breach is estimated to be more than $7.13 million (Source: IBM). Despite the recent spike in ransomware attacks and FDA recognition, the UL and IEC healthcare cybersecurity standards are not yet widely adopted.

'Cybersecurity for connected technologies is a major risk that impacts manufacturers, system integrators, asset owners and end product ecosystems,' said Isabelle Noblanc, global vice president and general manager of UL's Identity Management and Security division. 'UL actively advocates for cybersecurity collaboration and compliance based on global industry standards and best practices, which is embodied by the IEC 62443 Family of Standards and UL 2900 Series of Standards. We look forward to further advancing and helping secure the healthcare and industry 4.0 ecosystems.'

Eaton's Cybersecurity Perspectives is a virtual global forum and educational program designed to advance a more cybersecure future. The latest session features insights and a live Q&A with:

  • John Krzeszewski, engineering manager at Eaton's Cybersecurity Center of Excellence
  • Rahul Gupta, global business manager for cybersecurity, UL

Learn more about Eaton's Cybersecurity Perspectives program.

Eaton's electrical business is a global leader with deep regional application expertise in power distribution and circuit protection; power quality, backup power and energy storage; control and automation; life safety and security; structural solutions; and harsh and hazardous environment solutions. Through end-to-end services, channel and an integrated digital platform and insights, Eaton is powering what matters across industries and around the world, helping customers solve their most critical electrical power management challenges.

Eaton's mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power - more safely, more efficiently, and more reliably. Eaton's 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 94,000 employees. For more information, visit Eaton.com.

Disclaimer

Eaton Corporation plc published this content on 28 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 18:21:48 UTC.


© Publicnow 2021
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Sales 2021 20 196 M - -
Net income 2021 2 136 M - -
Net Debt 2021 9 335 M - -
P/E ratio 2021 29,8x
Yield 2021 1,93%
Capitalization 63 522 M 63 522 M -
EV / Sales 2021 3,61x
EV / Sales 2022 3,51x
Nbr of Employees 85 000
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Craig Arnold Chairman & Chief Executive Officer
Thomas Bernard Okray Chief Financial Officer & Executive Vice President
Raja Ramana Macha Chief Technology Officer & Executive VP
Katrina R. Redmond Chief Information Officer & Senior Vice President
Joe Rodgers Senior Vice President-Ethics & Compliance
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