SigmaDots blockchain-based solution enables protection for IoT and IIoT systems.
SigmaDots, a cyber-security startup and subsidiary of Essence Group, has partnered with Telit, a global enabler of the Internet of Things (IoT), to expand IoT security and strengthen business continuity leveraging SigmaDots technology. Essence Group is a market leader in developing LTE-based connected devices and IoT platforms.
SigmaDots has developed the first embedded, blockchain-based cybersecurity solution for IoT and IIoT systems. Telit, recognizing the need for enhanced solutions, is working closely with SigmaDots to improve resilience to cyberattacks. The companies are collaborating on the use of blockchain technology for routers, control panels, IoT gateways, and a host of IoT devices, drastically reducing device vulnerability to cyberthreats.
“The ubiquity of IoT devices makes them attractive targets for cyber mischief,” said Alon Segal, SVP of Software & Services, Telit. “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 harness the power of serverless architecture, bringing blockchain-based cybersecurity to the IoT ecosystem. With a scalable, interoperable, and secure platform uniquely adapted to the limited resources of IoT, SigmaDots empowers connected ecosystems to 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, General Manager of SigmaDots. “However, this connectivity brings significant threats – an attack on a single device can spread throughout the entire network.”
IoT devices without strong cyber protection can easily become part of a botnet to carry out distributed denial of service (DDoS) attacks or fall prey to IoT-focused attacks like 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, CEO and founder of Essence Group. “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.”