Honeywell Expands Cyber Security Development Capabilities with New Research Lab

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Honeywell Expands Cyber Security Development Capabilities with New Research Lab

Honeywell’s Industrial Cyber Security Group Builds on Decade of Offerings for Process Industries

HOUSTON, March 31, 2015 – Honeywell (NYSE: HON) Process Solutions (HPS) today announced the opening of the Honeywell Industrial Cyber Security Lab to advance its development and testing of new technologies and software to defend industrial facilities and operations such as refineries and manufacturing plants from cyber attacks.



According to the U.S. Department of Homeland Security’s Industrial Control Systems Cyber Emergency Response Team (ICS-CERT), reported cyber incidents on industrial targets in 2014 continue to increase and are up more than 25 percent since 2011. ICS-CERT’s latest report also said that in 40 percent of incidents that were reported, experts did not know how hackers intruded the system because of a lack of detection and monitoring capabilities. Similar concerns were reflected in a global survey on cyber security conducted by Ipsos Public Affairs in September 2014 on behalf of Honeywell. In that survey, more than 75 percent of respondents from 10 countries said they were fearful that cyber criminals could disrupt major sectors of the economy, and identified the oil and gas, chemicals and power industries as particularly vulnerable. 

For more than a decade, Honeywell has developed and provided proprietary cyber protection software and technology for its leading process automation solutions, including Experion process controls, which are used at hundreds of industrial sites such as refineries, chemical plants, gas processing units, power plants, mines and mills around the world. During that time, the Honeywell Industrial Cyber Security group has delivered more than 1,000 industrial cyber security projects globally.

“We have a successful history of providing cyber defense solutions for our industrial customers and this new cyber lab expands our capabilities,” said Jeff Zindel, global business leader for Cyber Security, HPS. “We will be able to validate new solutions faster in a variety of scenarios and increase our customers’ defenses against the growing threat of cyber attacks.”

The new Honeywell Industrial Cyber Security Lab, located in Duluth, Ga., includes a model of a complete process control network that Honeywell cyber security experts will leverage for proprietary research, hands-on training, and to develop, test and certify industrial cyber security solutions. This lab will help accelerate development time of new cyber protection technologies and speed availability to customers.
In addition to its new lab, Honeywell’s Industrial Cyber Security group has also added a number of cyber security experts to increase the bench strength of its development and business teams.

“Many of our customers have come to us looking for cyber security solutions to defend their industrial facilities, operations and people from damage, disruption and misuse,” said Zindel. “They understand the very real threat that is out there, and they want to be more proactive in guarding against it. Honeywell is building on its leading industrial cyber security expertise and experience with this new research and development lab as well as adding highly-regarded cyber security experts around the globe to support our customers’ growing needs.”

For more information about Honeywell’s industrial cyber security solutions, please visit BeCyberSecure.com.

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Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. Process Solutions is part of Honeywell’s Performance Materials and Technologies strategic business group, which also includes UOP, a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and  performance materials.  For more news and information on Honeywell, please visit www.honeywellnow.com​.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
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