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Secure Transactions News

The IoT Cybersecurity Alliance is born

Thursday 16 February 2017

A group of businesses from across the IoT value chain have formed the IoT Cybersecurity Alliance, aiming to use their combined expertise to allay business concerns about the Internet of Things and solve its security challenges. The founding members of the group include AT&T, IBM, Nokia, Palo Alto Networks, Symantec, and Trustonic.


Security is a major concern for businesses as they research and implement IoT infrastructure, and for good reason: AT&T noted that in the past three years it has seen a 3,198% increase in attackers scanning for vulnerabilities in IoT devices. In a survey the company conducted last year, 58% of business leaders said they were not confident in the security of their IoT devices.


The new group outlined a number of specific goals, starting with conducting collaborative research on IoT security challenges across verticals such as health care, automotive, and industrial. The group also aims to influence the development of security standards and policies surrounding IoT. Its stated goals also including making security easy to access across the ecosystem and helping to educate businesses and consumers on protecting their connections.


The group also aims to make IoT security easily accessible across the ecosystem, and will engage with policymakers and other organizations to drive awareness of IoT security issues.