The Kudelski Group (SIX:KUD.S) and Pepper IoT announced a long-term collaboration to protect Internet of Things (IoT) service providers and retailers from cybersecurity risks and increase consumer confidence in connected device security.
The two companies will work together to influence best practices and criteria for retailers and service providers to minimize the risk of cybersecurity threats. They will also provide the tools and capabilities for device manufacturers to meet those best practices and criteria.
The partnership will leverage the Kudelski IoT Security Suite, a set of services and solutions designed to make IoT security simple, scalable and sustainable. Pepper IoT is a multi-tenant platform created to enable big enterprises to design, launch, manage and monetize large-scale IoT services.
Scott Ford, CEO at Pepper IoT, said: "It is terrifying to see millions of vulnerable connected devices being distributed to U.S. consumers who have no idea how their personal data is being used - and how easy it is for hackers to access their home WiFi networks through these devices. For many reasons, IoT data and communications must be managed in the country of device purchase - and devices must be designed to protect against cyber security breach."
Jean-Michel Puiatti, senior vice president of IoT security at Kudelski Group, said: "Consumers have a right to, and an expectation of, privacy regarding the devices in their homes that they interact with on a daily basis. Retailers and service providers have a duty to ensure the devices they are selling have proper privacy and security safeguards. By combining Pepper IoT's powerful IoT operating system and service delivery platform with Kudelski's expertise in device and data protection, we are working to secure IoT devices from the moment they're manufactured through their long-term use in consumers' homes."