Jun 05, 2019Cybersecurity startup SigmaDots has partnered with Telit, an Internet of Things (IoT) enabler, to expand IoT security and strengthen business continuity leveraging SigmaDots technology. SigmaDots is a subsidiary of Essence Group, a provider of LTE-based connected devices and IoT platforms.
SigmaDots has developed an embedded, blockchain-based cybersecurity solution for IoT and Industrial Internet of Things (IIoT) systems. Telit is working closely with SigmaDots to improve resilience to cyberattacks. Together, the companies are collaborating on the use of blockchain technology for routers, control panels, IoT gateways and other IoT devices, in order to reduce device vulnerability to cyberthreats.
"The ubiquity of IoT devices makes them attractive targets for cyber-mischief," said Alon Segal, Telit's senior VP of software and services, in a prepared statement. "Our collaboration with SigmaDots adds another layer of security and communications resiliency using distributed technologies to offer advanced, secure infrastructure solutions for our customers."
SigmaDots' software-based solutions utilize a serverless architecture, bringing blockchain-based cybersecurity to the IoT ecosystem, the company reports. It employs a scalable, interoperable and secure platform adapted to the limited resources of the IoT, to help connected ecosystems accelerate the machine-to-machine economy.
"IoT is finally delivering on its promises of complete connectivity—wearables, mobile apps, home safety, smart meters and in industry—generally anywhere," said Itsik Harpaz, SigmaDots' general manager, in the prepared statement. "However, this connectivity brings significant threats—an attack on a single device can spread throughout the entire network." IoT devices without strong cyber-protection, the firm explains, can become part of a botnet to carry out distributed denial-of-service (DDoS) attacks, or they can fall prey to IoT-focused attacks such as "man-in-the-middle," data and identity theft, and device hijacking.
"SigmaDots technology was developed out of the need to strengthen the security of our IoT devices," said Dr. Haim Amir, Essence Group's CEO and founder. "We've been creating innovative connected device solutions for more than 25 years, so we fully understand the challenges and the necessity of creating airtight cyber protection." The SigmaDots solution can be embedded in systems-on-chips and is also available as an aftermarket product that IoT distributors can install as a value-added solution.