IoT security forcing business model changes, panel says
NASDAQ | October 22, 2015
To secure the Internet of Things and to build trust with customers, the way that vendors approach manufacturing, distributing and supporting devices and solutions must change, a panel of security pros said Monday at the National Cyber Security Alliance's (NCSA's) Cybersecurity Summit held at Nasdaq. “Business models will have to change. We used to build them [products], ship them and forget about them until we had to service them,” said John Ellis, founder and managing director of Ellis & Associates. “We've moved to a new world where we have to ship and remember.”