The Internet of Things has a security problem. The past decade has seen wave after wave of new internet-connected devices, from sensors through to webcams and smart home tech, often manufactured in bulk but with little — if any — consideration to security. Worse, many device manufacturers make no effort to fix security flaws, while […]

China's semiconductor industry is growing from strength to strength. The country has accelerated its efforts to advance its semiconductor industry in the wake of increasing geopolitical tensions with the US.A case in point is China's newly acquired capability to produce 28-nanometer chip wafers. This is likely to mature this year and is a crucial step in developing competencies for advanced chipmaking technologies. It is a sign that the country is fast developing high-end skills in chip manufacturing. Production of 28nm chip is not the only instance of the growing capabilities of Chinese chipmakers. Some Chinese companies have shifted its 14nm chipset orders from the market leader Taiwan Semiconductor Manufacturing Company (TSMC) to China's Semiconductor Manufacturing International (SMIC)…read more on TotalTele.com »

Ondas Holdings hired Susan Roberts as a senior advisor to focus on strategy and business development for Ondas as the company commercializes its FullMAX communications platform for the unmanned aerial systems (UAS) and aviation verticals. read more

Smartphones will be included in the scope of a planned “security by design” U.K. law aimed at beefing up the security of consumer devices, the government said today. It made the announcement in its response to a consultation on legislative plans aimed at tackling some of the most lax security practices long-associated with the Internet […]

Today there are 8.6 billion IoT connections. By 2026, that number will nearly triple to 23.6 billion. In its new whitepaper, Connected & Protected: The Vulnerabilities and Opportunities of IoT Security, global tech market advisory firm ABI Research explores how the exponential growth in IoT connections will usher in a new era of connectivity and productivity along with a slew of new threat vectors and vulnerabilities. At the same time, the looming security gaps offer a tremendous revenue potential for players in IoT security.“Concerns about security of the Internet of Things (IoT) are widespread,” says Michela Menting, Digital Security Research Director at ABI Research. Security gaps run the gamut from devices that are incapable of being secured to Original Equipment Manufacturers (OEMs) and vendors often choosing to accept the risk rather than remediate it, as well as functional safety-type IoT devices that prioritize availability and cannot simultaneously ensure confidentiality. “There are limited IoT security solutions in the market, due in large part to the fragmented nature of the IoT itself,” Menting explains.While these security gaps pose a significant challenge for companies and end-users, they also represent a tremendous opportunity for players in the IoT space, including IoT service providers, vendors, platform operators, and Information Technology (IT)/Operational Technology (OT) security organizations. “Much like the number of IoT connections is set to explode, so too is the revenue opportunity in IoT security. ABI Research market data shows that total revenue in the space will reach US$16.8 billion by 2026,” Menting says.The sheer number of new IoT connections over the next 5 years, the increased digitization capabilities of certain IoT markets (e.g., utilities, industrial, infrastructure, and smart cities), the increase in connected users and assets along with the increased connectivity needs brought forth by the COVID-19 pandemic are all fair predictors for digital security overall.The amount of IoT security revenue, however, does not always correlate with the amount of IoT connections, and some markets are expected to experience disproportional revenue. Menting points out, “This is due to the multi-faceted level of security and management requirements that provide the foundation for other key operations and valuable services, including for intelligence operations and analytics, life cycle management and predictive maintenance, firmware updates, and device and data integrity.”“ABI Research forecasts that digital security services will enter the Return on Investment (ROI) equation significantly faster in the next 3 years, as both security vendors and IoT players will better understand how to protect the key monetization applications related to their IoT strategies,” Menting concludes.To learn more about IoT security, what is driving the revenue, and ABI Research’s strategic recommendations for companies and end-users, download Connected & Protected: The Vulnerabilities and Opportunities of IoT Security. You are welcome to share this link with your readers. 

Vendor says it has already scored purchase agreements as the new IoT gateway places Adtran into a new market, and in position to help service providers build overlay networks for enterprise IoT apps.

Iridium Communications reported financial results for the first quarter of 2021 and reiterated its full-year 2021 outlook. read more