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#AskTheCEO Podcast

The Charter of Trust With Kai Hermsen

21 Mar 2019

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Kai Hermsen is the Global Coordinator for the Charter of Trust with Siemens, where together with his team in the Central Technology department, he is driving the Siemens Cybersecurity Strategy, Initiatives, and Innovation. Previously, he was head of Security Business Strategies for Siemens, as well as a Project Manager in Siemens Management Consulting in Germany and India. He is at the front lines of the Digital Transformation battlefield. Contact Kai: LinkedIn: https://www.linkedin.com/in/kai-hermsen-6b4b9021/ Twitter: @HermsenKai Web: http://www.charter-of-trust.com Contact Avrohom: Web: https://asktheceo.biz Twitter: @avrohomg Instagram: @avrohomg INTERVIEW HIGHLIGHTS: [00:48] Your presentation on Charter of Trust talks about the opportunities and risks associated with Digital Transformation. Can you elaborate on that? [05:11] What is the Charter of Trust? [05:11] The Charter of Trust is an initiative comprised of 17 companies that are trying to establish trust in a digital world. [09:27] What type of companies make up the Charter of Trust? [10:19] Will the Charter of Trust become a certification authority? [13:40] Doing Cybersecurity the right way gives you the license to play in the field of digitalization. [13:54] What would IoT Manufacturers need to do to conform to the Charter of Trust? [14:48] The Charter of Trust is a CEO activity. [15:28] A company’s Cybersecurity strategy needs to be driven by the CEO. [16:07] A proper Cybersecurity strategy is like cooking. You can’t add salt later! [18:54] What do you think is the next step for Siemens with regards to Charter of Trust? [23:32] Trust is the new gold!

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