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Global Network Security Company Brings IoT Solution to U.S.
One telecom company has acquired the Allot Ltd. system to secure its own customers' IoT-based data, while others are in conversations to do the same.
According to Fridman, the U.S. market is at the forefront of the IoT segment. "Therefore," he states, "[securing the U.S. telecom deployment agreement] is one of our most significant deals." Beyond that, he adds, "We are engaging in several projects with additional operators in the U.S. and in other advanced markets, and hopefully will progress to commercial launches soon." Fridman says IoTSecure is a network-based solution that protects enterprise IoT deployments and offers several features, including Behavior Profiling, Behavior Assurance and IoT Security functions.
Behavior Profiling employs artificial intelligence (AI)-based analytics to detect any suspicious or unusual behavior that might indicate compromised or malfunctioning IoT devices. The Behavior Assurance function provides communications related to traffic behavior and assurance of the security of a user's IoT deployments. The IoT Security feature protects against any identified inline anti-malware, botnet and DDoS attacks on IoT services
"IoTSecure... protects mobile IoT devices from online threats," Fridman says, "as well as the CSPs' infrastructure from IoT-based attacks." In addition, the solution enables CSPs and their customers to offer their own tailored IoT analytics based on IoTSecure data. He estimates that this could boost the value of companies' services, and what they can charge for those services, by 10 to 15 percent.
Allot also provides a solution known as EndpointSecure, for service-provider customers to secure subscribers on- and off-net with a seamless customer experience, while HomeSecure targets smart homes and appliances for consumers. NetworkSecure, meanwhile, protects Web services and provides parental controls for network-connected devices.
With regard to China Telecom, the company needed a way to enable the Chinese Southern Power Grid Co. to transition from manual meter checking across all 33 million subscribers to an automated system. While it wanted to employ low-cost SIM cards plugged into consumers' meters to share data, such a system opened up the opportunity for fraudulent activity, such as the cards being used to authorize electricity use at unauthorized locations. The IoTSecure solution allows the Southern Power Grid Co. to monitor the behavior of each SIM, perform analytics around that behavior and send alerts if any anomalies are detected.
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