Proving the Business Case for the Internet of Things

Telit partners SigmaDots to expand IoT security

Steve Rogerson
June 6, 2019

Telit is working with Israeli blockchain-based cyber-security start-up SigmaDots, a subsidiary of Essence Group, to expand IoT security and strengthen business continuity. Essence Group produces LTE-based connected devices and IoT platforms.
SigmaDots has developed embedded, blockchain-based cyber security for IoT and industrial IoT systems. Telit is working closely with SigmaDots to improve resilience to cyber attacks.
The companies are collaborating on the use of blockchain technology for routers, control panels, IoT gateways and a host of IoT devices, reducing device vulnerability to cyber threats.
“The ubiquity of IoT devices makes them attractive targets for cyber mischief,” said Alon Segal, senior vice president at Telit. “Our collaboration with SigmaDots adds another layer of security and communications resiliency using distributed technologies to offer advanced, secure infrastructure for our customers.”
SigmaDots software harnesses the power of serverless architecture, bringing blockchain-based cyber security to the IoT ecosystem. With a scalable, interoperable and secure platform adapted to the limited resources of the IoT, SigmaDots says it empowers connected ecosystems to accelerate the M2M 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 attacks or 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 Haim Amir, CEO and founder of Essence Group. “We’ve been creating innovative connected devices for more than 25 years, so we fully understand the challenges and the necessity of creating airtight cyber protection.”
The team at SigmaDots, with a combined three decades of experience in military cyber security, has enhanced the innovations created for Essence, strengthening connected device management with a different approach. The SigmaDots software can be embedded in systems on chips and is also available as an aftermarket product that IoT distributors can install.
SigmaDots is demonstrating the technology at this week’s InfoSec Europe in London.