Challenge completedAccelerating Cyber Intelligence
Cyberattacks are an extremely serious problem for safety-relevant sectors like airport operators. Like most companies, also Fraport AG, one of the leading players in the global airport business, notices a growing number of cyberattacks, resulting from security breaches. But how to handle this everyday challenge? There is a great need for innovative solutions to improve the automation of the collection as well as evaluation of relevant data from a wide range of sources on the potential vulnerabilities to revolutionize existing security systems.
Company Description
Headquartered in Frankfurt, Germany, Fraport AG (Frankfurt Stock Exchange, MDAX) is one of the leading players in the global airport business. Fraport’s portfolio of companies spans four continents with activities at 29 airports worldwide. In pre-pandemic 2019, more than 182 million passengers used airports in which Fraport has at least a 50 percent stake. Impacted by the Covid-19 pandemic, Fraport’s majority-owned Group airports welcomed only about 86 million passengers in 2021. In fiscal year 2021 (Dec. 31), Fraport AG generated revenue of € 2.1 billion and profit of some € 92 million.
Fraport’s home-base Frankfurt Airport (FRA) is strategically located in the heart of Europe at the junction of vital intermodal road, rail and air networks. The surrounding Frankfurt Rhine-Main-Neckar region serves as an economic powerhouse and logistics hub for Europe and the world. In 2019, FRA welcomed more than 70.5 million passengers and handled 2.1 million metric tons of cargo. Only 24.8 million passengers traveled through FRA in 2021, due to the Covid-19 pandemic. In terms of cargo, FRA ranks first in Europe with 2.3 million metric tons handled in 2021.
What is your vision for the digital and secure world of tomorrow?
Fraport’s vision is a world in which every operator of critical infrastructure is always aware about all known security threats. The own information is up to date and reduces the time for mitigating vulnerabilities substantial.
What values are important when it comes to the utilization of cybersecurity technologies?
Fraport values its customer safety and security even on top of our customer’s satisfaction. But either way this is only achievable with flawless running IT systems that are not compromised by any security vulnerability.
How can a potential partnership after the Challenge look like?
Fraport encourages its partners to establish a lasting business relationship at eye level. Fraport wants to promote competition in favor of innovation.