Digitalization & cyber security

Management approach

More and increasingly sophisticated external attacks, much greater complexity of networked ecosystems and rising regulatory demands are calling for utmost care in cyber security
Information security and data protection are imperative to protect business, customer, partner and employee data as well as intellectual property (know-how)
Harvesting the benefits of digital technologies to maintain Lenzing’s technological advantage

Increased trust of employees, customers and partners through responsible data handling
Optimization of business processes, saving time, energy and reducing raw material usage
Digitalization helps to anticipate the needs of customers and improves the customer experience
Increased transparency and traceability of supply chains and thus supply chain security
More flexible digital working environments to retain talent, attract future talent and allow for a new way of working

Successful cyber-attacks could stall business processes or even impact operation
Potential disclosure of information could incur high regulatory penalties or claims
Potential compliance issues could reduce Lenzing’s credibility in the values it champions

Data Protection & Information Security by design & default
Protective measures appropriate to the related risks
Applicable legal regulations and a set of internal policies/directives/guidelines

Continuous improvement of Lenzing’s security measures
Alignment of cyber security measures to business needs
Maintaining appropriate technical and organizational measures
Further development and management of the information security & data protection management system
Regular information security assessments, audits and trainings
Regular internal/external penetration testing
Regular risk assessments with enterprise risk management and cyber insurances
Running information security due diligence programs on third parties
Notification mailbox to report anything suspicious, such as fraudulent emails
Continuously monitor applicability of the technical organizational measures (TOMs)

Ensure appropriate level of protection for the Lenzing Group and its connected partners
Manage information security and data protection risks
Build and maintain a security-conscious culture
Value-adding use of data, digital technologies and IT infrastructure
Generate competitive advantages via the use of digital technologies

Cyber-attacks have been averted successfully, e.g. via the rapid mitigation of several zero-day incidents
Continuous improvement – existing safety measures were challenged with involvement of the public NIST Cyber Security Framework
Launch of “Next Generation Level of Protection” program
Completion of several penetration tests including corrections via Service Improvement Plans (SIP)
Further digitalization with company seals used for E-Branding Service, invoice signing and approval workflows
All board members & directors worldwide (90+) were provided with qualified electronic signatures for eSign-off
Launch of a Digital Innovation Function to capitalize on digital technologies
Extension of fiber identification technology to TENCEL™ branded lyocell and modal fibers
Launch of fiber identification system for VEOCEL™ Lyocell fibers

Topics filter