“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.
Signatories of the Tech Accord make commitments in four areas:
The companies will mount a stronger defense against cyberattacks. As part of this, recognizing that everyone deserves protection, the companies pledged to protect all customers globally regardless of the motivation for attacks online.
The companies will not help governments launch cyberattacks and will protect against tampering or exploitation of their products and services through every stage of technology development, design and distribution.
The companies will do more to empower developers and the people and businesses that use their technology, helping them improve their capacity for protecting themselves. This will include joint work on new security practices and new features the companies can deploy in their individual products and services.
The companies will build on existing relationships and together establish new formal and informal partnerships with industry, civil society and security researchers to improve technical collaboration, coordinate vulnerability disclosures, share threats and minimize the potential for malicious code to be introduced into cyberspace.
"The real world consequences of cyber threats have been repeatedly proven. As an industry, we must band together to fight cybercriminals and stop future attacks from causing even more damage,”
said Kevin Simzer, Chief Operating Officer, Trend Micro.
The victims of cyberattacks are businesses and organizations of all sizes, with economic losses expected to reach $8 trillion by 2022. Recent cyberattacks have caused small businesses to shutter their doors, hospitals to delay surgeries and governments to halt services, among other disruptions and safety risks.
"The Tech Accord will help to protect the integrity of the one trillion connected devices we expect to see deployed within the next 20 years,”
said Carolyn Herzog, General Counsel, Arm.
Companies that signed the accord plan to hold their first meeting during the security-focused RSA Conference taking place in San Francisco, and will focus on capacity building and collective action. Future actions may include jointly developed guidelines or broadly deployed features, as well as information sharing and partnering to combat specific threats to make the online world a safer place for people and businesses everywhere — and uphold the promise and benefit technology offers society.
Cybersecurity Tech Accord Signatories
- CA Technologies
- HP Inc.
- Trend Micro