Schneider Electric Honored As Recipient Of Forrester’s 2024 Security & Risk Enterprise Leadership Award

CAMBRIDGE, Mass., November 14, 2024- Forrester (Nasdaq: FORR) today announced that Schneider Electrichas been named the 2024 recipient of its Security & Risk Enterprise Leadership Award. The firm is being honored for using its security, privacy, and risk management functions to build a trusted and resilient business, which is critical to fueling its long-term growth. Schneider Electric will be recognized at Forrester's Security & Risk Summit, taking place in Baltimore and digitally on December 9-11, 2024.

A global leader in energy management and automation, Schneider Electric has received the award for demonstrating a holistic approach to security and risk management, including how the company responds to and recovers from incidents. The key tenets of Schneider Electric's security and risk management program include the following initiatives:

• Implementing a Trust Charter that integrates ethics, safety, cybersecurity, and governance and a dedicated Trust Center. Within the Trust Center, there is a section to address customers' and stakeholders' security and data protection-related requests.
• Emphasizing product security by embedding security into research and development and the overall development lifecycle.
• Investing in a talent development initiative with a structured skills architecture and framework to upskill and reskill employees within the cybersecurity community.
• Embracing Zero Trust principles and conducting global cyber crisis simulations multiple times a year to enhance its resilience strategy.

"Building a trusted business that enables long-term success occurs when security, privacy, and risk functions work in tandem and aren't siloed from other parts of the organization," said Stephanie Balaouras, VP and group research director at Forrester. "As cyberattacks increase and security incidents become inevitable, companies need to have firm processes and protocols in place to address these types of situations. Through its dedicated security, privacy, and risk initiatives and approach to incident response, Schneider Electric is focused on earning and sustaining trust with customers and key stakeholders. We look forward to recognizing Schneider Electric at this year's Security & Risk Summit."

Additionally, Forrester announced that Piedmontis this year's finalist for its Security & Risk Enterprise Leadership Award.

Resources:

• Registerto attend Forrester's Security & Risk Summit 2024.
• Learnmore about this year's winner and finalist for Forrester's Security & Risk Enterprise Leadership Award.
• ExploreForrester's 2025 predictions for cybersecurity, risk, and privacy.

About Forrester
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