Bystronic AG
/ Key word(s): Product Launch
Zurich, October 21, 2022 – Bystronic, a global leader of sheet metal processing systems, today announces the launch of a new machine-level cybersecurity service to ensure the operational integrity of sheet metal processing systems against cyber events and human errors. This cyber protection service has been co-developed with NanoLock Security specifically for Bystronic systems. The service will be available to Bystronic customers with current laser and bending machine models, as of early 2023, as an option within the well-established service packages of ByCare. The new protection service safeguards the operational integrity of Bystronic machines by preventing unauthorized modifications to critical content, without impacting their performance and functionality. The solution prevents cyber events from external sources as well as trusted sources like negligence of employees and human errors. Furthermore, we plan to offer periodic or on-request services for online monitoring and analysis. Bystronic and NanoLock Security are further collaborating to develop the protection service also for Bystronic automation and legacy machines. NanoLock is a well-established, experienced provider for device-level cybersecurity solutions for industrial and critical infrastructure. The new protection service will be demonstrated during EuroBlech 2022 on October 25 -28. Alberto Martínez, Chief Digital Officer at Bystronic says: “Bystronic has a strong commitment with their customers to deliver state-of-the-art solutions do digitalize their business. As Smart Factory solutions evolve, machines and systems will be more and more connected to the cloud, to software systems and to robots, automation, other machines. Cybersecurity is becoming a challenging matter, so we need to ensure our customers devices’ integrity. The solution we are presenting now should be the first step to help them in the strategy to protect their businesses from cyber events and human errors.” Eran Fine, co-founder and CEO of NanoLock, adds: "Insider breaches on industrial machines - cyber events originating from users with access or employee human error or negligence - are on the rise. While we can’t predict when and where these events will take place, we can prevent them with a cyber solution that blocks device tampering, even from trusted sources. We are proud that Bystronic has chosen NanoLock as a partner to co-develop machine-level solutions to maintain the operational integrity of their smart machines – thereby ensuring business continuity for their customers and bringing new levels of security to the factory of the future." For queries: Investor Relations Media Relations NanoLock Press Contact About NanoLock NanoLock Security protects the operational integrity of connected devices, machines and manufacturing lines against cyber events and even human errors to maintain business continuity, improve safety and safeguard revenues. NanoLock is the only zero-trust, device-level solution that prevents insiders and supply chain cyber events and even human errors as well as outsiders, regardless of attack origin or exploited vulnerability and without affecting functionality and performance. Trusted by critical infrastructure customers, such as utilities, industrial and manufacturing companies, NanoLock Security protects power generation and energy management, water and wastewater plants as well as food & beverage manufacturing, while ensuring compliance with international security standards and guidelines. NanoLock is headquartered in Israel with offices in the US, Europe and Japan. Visit www.nanolocksecurity.com. For more information and follow NanoLock on Twitter and LinkedIn. About Bystronic Bystronic (SIX: BYS) is a leading global technology company in the field of sheet metal processing. The focus is on the automation of the complete material and data flow of the cutting and bending process chain. The intelligent networking of laser cutting systems and press brakes based on innovative automation, software, and service solutions is key to achieving the comprehensive digitalization of the sheet metal processing industry. Bystronic’s operational headquarters are located in Niederönz, Switzerland. Additional development and production sites are located in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin and Shenzhen (China), and Hoffman Estates (USA). We are active with our own sales and service companies in more than 30 countries and are represented by agents in numerous other countries. Disclaimer This release contains forward-looking statements, which are subject to uncertainty and risks. Actual future results may differ materially from those expressed in or implied by these statements. Some of these uncertainties and risks relate to factors that are beyond Bystronic’s ability to control or predict precisely, such as, in particular, future market conditions, currency fluctuations, or the behavior of other market participants, suppliers, and transport companies, as well as possible effects of the war in Ukraine and the associated sanctions. Readers are cautioned not to put undue reliance on forward-looking statements, since these relate only to the date of this communication. Bystronic disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other factors.
Additional features: File: Bystronic launches a new machine-level protection service with NanoLock Security
End of Media Release |
Language: | English |
Company: | Bystronic AG |
Giesshübelstrasse 45 | |
8045 Zürich | |
Switzerland | |
Phone: | +41 79 637 46 33 |
E-mail: | investor@bystronic.com |
Internet: | ir.bystronic.com |
ISIN: | CH0244017502 |
Valor: | A117LR |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1468015 |
End of News | EQS News Service |
|
1468015 21.10.2022 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.