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Mapping the IoT Security Foundation’s Compliance Framework to ETSI TS 103 645 Standard
N/A | February 19, 2019
Patero GmbH was founded in November 2017 specifically for the development and commercialization of a mobile phone with its own built-in proprietary crypto hardware (made in Germany) for the encryption of voice and data communication.
Article | June 8, 2021
5 years ago, when we forecasted that the IoT platforms market would have a 5-year compound annual growth rate (CAGR) of 35%, we wondered if our growth projection was unrealistically high.
5 years later, it has become apparent that the forecast was actually too low. The IoT Platforms market between 2015 and 2020 grew to be $800 million larger than we forecasted back in early 2016, resulting in a staggering 48% CAGR.
Comparing what we “knew” back in 2016 to what we know today provides some clues as to why the market exceeded expectations so much. 5 years ago, no one really knew what an IoT platform was, let alone how big the market would be, which business models would work, how architectures would evolve, and which companies/industries would adopt them. The only thing that was “known” was that the IoT platforms market was a billion dollar “blue ocean” opportunity ready to be captured by innovative companies.
The Internet of Things has given rise to a host of new standards and protocols. Still more protocols that originally existed for other purposes but are well suited to new IoT applications have been adopted by device manufacturers and application creators. Though in some senses IoT devices are the same as any other internet-connected device, the bandwidth, power, and transmission distance constraints inherent in many IoT applications require novel new solutions to the fundamental actions of connectivity, data transfer, device discovery, and communication. This article will serve as a brief glossary of terms related to IoT communication protocols and standards. Click here for a more complete introduction to connectivity options.
Modern computing devices can be thought of as a collection of discrete microprocessors each with a dedicated function like high-speed networking, graphics, Disk I/O, AI, and everything in between. The emergence of the intelligent edge has accelerated the number of these cloud-connected devices that contain multiple specialized sub-processors each with its own firmware layer and often a custom operating system. Many vulnerability analysis and endpoint detection and response (EDR) tools find it challenging to monitor and protect devices at the firmware level, leading to an attractive security gap for attackers to exploit.
At the same time, we have also seen growth in the number of attacks against firmware where sensitive information like credentials and encryption keys are stored in memory. A recent survey commissioned by Microsoft of 1,000 security decision-makers found that 83 percent had experienced some level of firmware security incident, but only 29 percent are allocating resources to protect that critical layer. And according to March 2021 data from the National Vulnerability Database included in a presentation from the Department of Homeland Security’s Cybersecurity and Infrastructure Agency (CISA) at the 2021 RSA, difficult-to-patch firmware attacks are continuing to rise. Microsoft’s Azure Defender for IoT team (formerly CyberX) recently announced alongside the Department of Homeland Security a series of more than 25 critical severity vulnerabilities in IoT and OT devices
At IDC I co-founded a practice that studied the three dimensions of IoT: industry technology platforms, industry verticals and industry geographies. As an industry analyst, I had a front-row ticket to the IoT market and continually witnessed incredible innovations. Like many other experts, I kept my seatbelt buckled for what we expected to be IoT’s massive and dramatic take-off. While there has been uptake, real-world adoption and implementation have lagged the “hype.” In time, I found myself growing increasingly frustrated at the disconnect. What was the holdup? Knowing that industry analysts are beholden to the marketing messages that each company shares, I welcomed an opportunity to make the move from an outside-in analyst to an inside-out contributor.
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