The Internet of Things promises to revolutionize the payments industry. Consumers are ready for IoT payments. The Secure Technology Alliance is ready to take the lead. We’ve created IoT Payments 2017, the one conference bringing together financial executives, device and application providers, and retail experts for a detailed look into the evolving intersection of payments and IoT.
The IoT has massively broadened the potential threat landscape for the entire market. To mitigate this vulnerability, industry best practices dictate that the authentication model of the connected device be strengthened using a secure element that has been configured for storing private keys and handling crypto-algorithmic secrets. Unfortunately, due mostly to supply chain logistic constraints, this approach has been challenging to onboard for most small-to-medium sized deployments.
By 2025 there will be more than 55 million internet-connected devices, leaving the potential for millions of unsecured access points in businesses, homes and cities. To lead the industry toward an ultimately safer IoT ecosystem, the Secure Technology Alliance will host a half-day IoT security boot camp this October for non-technical business professionals who are designing or deploying internet-connected devices.
As part of its efforts to engage in industry dialogue and to help move important standards efforts like this forward, the Secure Technology Alliance IoT Security Council members worked together to compile their industry insight and expertise on the topic in a formal response which has been provided to NIST.
The National Institute of Standards and Technology (NIST), which will host a conference in February on Cyber-Physical Systems (CPS), has announced the organization will employ an Internet of Things approach concerning “mission critical” applications such as transportation, public safety and utilities.
IoT Payments 2017, a Secure Technology Alliance event, took place last month with sessions covering the most important developments, innovations and efforts driving secure, seamless IoT payments.
The Internet of Things promises to revolutionize the payments industry. Consumers are ready for IoT payments. The Secure Technology Alliance is ready to take the lead. We’ve created IoT Payments 2017, the one conference bringing together financial executives, device and application providers, and retail experts for a detailed look into the evolving intersection of payments and IoT.
A new bill, the Internet of Things Cybersecurity Improvement Act of 2017, has been proposed to improve the cybersecurity of the Internet of Things (IoT) in government.
IoT devices are potential entry points to wider IoT ecosystems, making security essential. The Secure Technology Alliance’s IoT Security Council recently published a white paper called “Embedded Hardware Security for IoT Applications,” which outlines how to use embedded hardware to secure IoT applications.
The Secure Technology Alliance, formerly the Smart Card Alliance, developed this website to provide information and resources on the Internet of Things.
What do you want to know about the IoT security? Let us know what you think using the online form, and follow our activities on Twitter and Facebook!
