In their new report, CoT Partner Allianz highlights that the pandemic and the rise of cryptocurrencies have made it easier for cyber criminals to undertake ransomware attacks. That is why businesses will have to expand their cybersecurity efforts in the coming years.

Charter of Trust Partner Allianz published a new major report “Ransomware trends: Risks and Resilience”. In the report, Allianz highlights that the pandemic and the rise of cryptocurrencies have made it easier for cyber criminals to undertake ransomware attacks. Indeed, this kind of attack often comes with low risk and high financial benefits. That is why businesses will have to expand their cybersecurity efforts in the coming years.

The report finds that supply chains have emerged as key targets of ransomware attacks. This is because attacks on supply chains help cybercriminals maximize their efficiency and return on investment. At the moment, entire supply chains appear as victims of two types of attacks: attacks that target software or IT service providers, using them to spread malware, and attacks that target physical supply chains, such as critical infrastructure.

As a response to this growing threat, Allianz and its fellow Charter of Trust Partners are calling on companies to strengthen their controls and to invest more in cybersecurity.  This is an essential effort in light of the fact that the majority of ransomware attacks are generally not targeted and not very sophisticated. It has become clear, so the report confirms, that hackers will logically first hit those businesses with the weakest defences.

It is the Charter of Trust’s ambition to enable companies to protect the integrity of their data. This specifically refers to the Charter’s Principle 2 “Responsibility throughout the digital supply chain”, where CoT Partners developed the “Common risk-based approach for the Digital Supply Chain”.

We hope Allianz’s report is useful to you and you enjoy reading.

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New Chairwoman for the Global External Engagement Group
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New Chairwoman for the Global External Engagement Group

The Charter of Trust is proud to announce María del Pino González-Junco, Cybersecurity Alliances Manager at Siemens, as the new Chairwoman of the Global External Engagement Working Group. Her appointment marks a significant step forward in our shared mission to advance cybersecurity through strong international collaboration.

Pino’s election follows a dynamic Collaboration Week in Denmark, where Charter of Trust partners from around the world came together to align on strategy, strengthen partnerships, and reaffirm our commitment to a secure digital future. As a longstanding leader within the advocacy workstream, Pino has been instrumental in fostering open dialogue with key external stakeholders and promoting cybersecurity awareness across industries and institutions.

“A reliable digital world can only thrive if public and private institutions build trust and cyber-resilience together, share their expertise, and support society in this digital journey. Those are our goals at the Charter of Trust,” says Pino.

She takes over the role from Sumit Chanda, COO/CISO at Atos, who has guided the working group with vision and energy. We are pleased to share that Dr Chanda has since been elected Co-Chair of the Charter of Trust by the Board of Directors in February—ensuring his continued impact on the initiative’s strategic direction.

We extend our sincere thanks to Sumit for his outstanding leadership and warmly congratulate Pino on her new role.
April 24, 2025
Charter of Trust elects new co-chairs of the Board of Directors
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Charter of Trust elects new co-chairs of the Board of Directors

We are honoured to announce that Dr. Ralf Schneider, Senior Fellow and Head of Cybersecurity and NextGenIT Think Tank at Allianz and Dr. Sumit Chanda, Chief Operating Officer at Atos Group Security have been elected as new co-chairs of the Charter of Trust during our last Board of Directors meeting in Munich.

The Partners and Associated Partners thanked Natalia Oropeza, Global Chief Cybersecurity Officer at Siemens, for her engagement and steady leadership during her term as Chairwoman. In her tenure, the Charter of Trust underwent important internal and external changes. What first stands out is the smooth integration of the four working groups, which made the Charter of Trust more agile, leaner and more efficient. It is also safe to say that the alliance has never had such a high level of exposure externally, due to the Charter of Trust partners continuous dedication to the mission of the alliance.

In the spirit of industry collaboration, Natalia Oropeza expressed her support to our new Co-Chairs and said how “incredibly proud of what we have achieved together, welcoming new partners, strengthening our structure, and elevating the Charter of Trust's impact on the global cybersecurity landscape. Collaboration has been at the heart of our success, and I am confident that Dr. Sumit Chanda and Dr. Ralf Schneider as Co-Chairs, the Charter will continue to drive meaningful progress towards a more secure digital world."

For the first time in its history, the Charter of Trust will be co-chaired. Dr. Ralf Schneider from Allianz and Dr. Sumit Chanda from Atos who have decades of experience in the world of cybersecurity and have been active within the alliance for several years now. Both unite an intrinsic motivation to foster inter- and intra-sector collaboration as well as the continuous sharing of knowledge between the Partners and Associated Partners of the Charter of Trust.

For the next year the co-chairs aim to amplify the number of Partners and Associated Partners. This growth, however, should still preserve the unique features of the Charter of Trust as a large practitioner organization with member from all over the world. Expanding into new sectors and new countries is a key target for the new leadership team, so that the Alliance can continue to engage with stakeholders at the highest level.

Dr. Sumit Chanda underlined that “The Charter of Trust’s role is to promote a safe and trusted digital work.  Its unique partnership blend of large organisations, working across 190 countries, and across several sectors, has enabled it to make significant progress under the leadership of Mrs. Natalia Oropeza.  I would like to thank her for these great achievements.  Along with Dr. Ralf Schneider from Allianz, we welcome the opportunity to build on her work as the Co-Chairs of Charter of Trust.”

Ralf Schneider added that “In dynamic times with more risks, more uncertainty, and more unknowns, we as the Charter of Trust step up – to provide stability, promote reliability, and foster trust. This is our mission today and tomorrow.”.
February 12, 2025
Charter of Trust Board of Directors Meeting 2025
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Charter of Trust Board of Directors Meeting 2025

The Charter of Trust has kicked off its most pivotal week of the year with a high-level meeting of its Board of Directors in Munich. This influential gathering brought together key decision-makers to reflect on the past year’s successes and set the strategic direction for the future of global cybersecurity.

Under the leadership of Chairwoman Natalia Oropeza, the Charter of Trust has strengthened its internal structure, successfully integrating new Partners and Associated Partners while enhancing collaboration through four dedicated working groups. Externally, the alliance has made a significant impact, engaging global audiences through media, conferences, panel discussions, and key industry events.

Looking ahead to 2025, the Charter of Trust enters a new chapter with a co-chair leadership model. Dr. Sumit Chanda, Global CISO at Eviden, and Ralf Schneider, Head of Cybersecurity at Allianz, will take the helm, bringing a dynamic vision focused on building resilient ecosystems, harmonizing frameworks, and advancing cybersecurity education.

A special thank you to Benedikt Franke, Vice-Chairman & CEO of the Munich Security Conference (MSC), for his insightful keynote on the evolving cyber threat landscape and the vital role the Charter of Trust plays in shaping global cybersecurity solutions.

With a bold vision for 2025, the Charter of Trust continues to drive innovation, collaboration, and trust in the digital world.
February 12, 2025