Mitsubishi Electric Moves to Boost Company-wide Framework for Product Security

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TOKYO–(BUSINESS WIRE)–Mar 17, 2019–Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will establish on April 1 the Product Security Incident Response Team (PSIRT) as a new company-wide framework dedicated to promptly and reliably responding to and reducing cybersecurity risks in products and related services in all divisions and branches.

As the adoption of IoT continues to spread, the risk of products being exposed to cyber-attacks is rising. Companies that sell networked products are obliged to counter such vulnerabilities and responsibly disclose information if customers are ever impacted by such threats. Mitsubishi Electric’s new PSIRT unit will create a company-wide framework for controlling and managing product security activities to help customers avoid serious damage or impact from cybersecurity risks.

PSIRT managers will be appointed in every business group headquarter and factory to oversee risk reduction and product security,…

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