On November 1st, Acuity Brands, Inc. (NYSE: AYI) announced the formation of a Product Security Incident Response Team (PSIRT), which will supplement existing security programs by coordinating stakeholder interests regarding security concerns that potentially impact connected products and cloud-based infrastructure. All Acuity Brands products containing a software component in their use, maintenance or management will be serviced by PSIRT. Additionally, the team will manage the receipt, investigation and notification procedure with an extended group of collaborators which may include customers, consultants, security researchers, academic institutions and other vendors.
PSIRT provides a proactive and centralized approach for security concerns arising from the increasingly digital market. This approach is designed to reduce the response time for releasing patches for security vulnerabilities and to improve the security posture ofAcuity Brands technology-based products and services.