The Internet of Things (IoT) is increasingly permeating every aspect of consumer and enterprise activities and is poised for rapid growth. Security is an absolutely essential consideration, as vulnerable or ‘compromised’ IoT devices can pose a significant risk to consumers, businesses, and societies.
Frost & Sullivan’s research indicates that Trustonic has emerged as the leading provider of standards-based embedded security for connected devices and has therefore been awarded Frost & Sullivan’s 2018 North American IoT Security Product Line Strategy Leadership Award. This news follows the recent launch of Trustonic’s complete IoT device security & authenticity solution – comprising its hardware-secured Kinibi-M operating system and blockchain-based Digital Holograms™ – to bring trust to both consumer and industrial IoT devices.
“Trustonic enables open access to innovative and high-performance hardware device security features through its TEE with zero extra hardware component costs”, said Vikrant Gandhi, Industry Director with Frost & Sullivan. “By addressing security concerns in the mobile and IoT ecosystems in an effective, economical, and scalable manner, Trustonic has emerged as the leading provider of standards-based embedded security for connected devices.”
“The current apathy towards IoT security needs to change, but the security industry also needs to raise its game to become less complicated and more accessible. This is at the heart of our strategy. We do the work with the chip makers early on, so that module and device makers can simply choose between chipsets with or without hardware security. The addition of Digital Holograms then enables trust across the entire lifecycle of devices. This simplicity is why we have been recognized and is the foundation on which trust for every ‘thing’ – from premium consumer devices right through to low cost sensors – can be built,” adds Ben Cade, CEO at Trustonic.
“Frost & Sullivan’s analysis indicates that competing TEE products are limited in functionality and support a smaller number of application use cases. As the only company to offer open, scalable access to hardware device features for multiple value chain participants, Trustonic possesses a unique business model in connected devices security markets”, concludes Vikrant.
The full report can be downloaded from the Trustonic website.
In 2017, Trustonic became the first global manufacturer to achieve Common Criteria security certification for a TEE device security product, establishing its status as a global market leader. Its technology is now deployed in over 1.5 billion devices and nine of the top ten Android OEMs’ handsets. To find out more about its technology, visit the Trustonic website and blog.