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New foundation to improve security in the internet of things has launched

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September 24, 2015

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It looks like a new non-profit foundation that has a goal in improving the overall security in the IoT (internet of things) segment has just launched yesterday.

No less than thirty-one companies including Intel, Vodafone, Siemens and British Telecom are the founding members of the new foundation, whose mission is to make the Internet of Things more secure, to help promote its adoption and maximize its overall benefits, according to the non-profit.

Called the 'IoTSF', it will focus on best practices and knowledge sharing. It will host a conference in London in December on IoT security. The date hasn't been set yet.

The idea of the foundation was born out of a similar event held in May of this year at Bletchley Park – the same country estate where Britain famously cracked secret codes during the Second World War.

At that security summit, attendees agreed that the Internet of Things represented a significantly different security threat to that posed by computers or mobile phones, and concluded that expertise in the area is currently spread across many different companies with very limited interactions between them.

Various attendees then voted on whether to create a new body that would focus on improving communications between people focused on IoT security, and 97 percent of them said they should.

Four months later, the IoTSF has officially launched. Overall, security and privacy are the two biggest concerns of consumers when it comes to internet of things products.

People certainly don't want hackers to be able to unlock their doors or turn on their heating, and they sure don't want others to know when they are in the house or what their daily routines are like.

The IoTSF will be facilitated by NMI, a non-profit trade association for electronic systems, microelectronics, and semiconductors.

John Moor of the NMI said of the Foundation's launch and IoT in general-- "The opportunity for IoT is staggering. There are a great many possibilities for businesses in all sectors, including manufacturing, transport, health, home, consumer, and public services. However, there are ever-real security challenges that accompany those opportunities," he added.

"It is very critical to the successful adoption of existing and new systems that security is addressed from the start, that it is fit for purpose, and that it can be managed over the lifecycle of the system. Our intention is simple: drive excellence in IoT security. By creating a dedicated focus on security, IoTSF aims to be the home for app developers, providers, adopters and various beneficiaries of IoT products and services."

Membership to the IoTSF is based on employee size and ranges from US $530 for a 10-person company to US $9,150 for a 750+ employee company. believes that the IoTSF is a step in the right direction, but that more is needed. When the internet was made available to the general public back in 1993, nobody had any remote idea of how rapidly it would evolve and grow as fast as it did in just than a few years.

The IoT has the potential to grow as rapidly if not even faster than the web did when it was launched. It's up to governments, major corporations and to hosting providers to make certain that the IoT is as secure as can be for the good of all.

Source: The Internet of Things Security Foundation.

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