NUREMBERG, Germany--(BUSINESS WIRE)--As the Internet of Things (IoT) continues to gain momentum, Freescale Semiconductor (NYSE:FSL) and its partners are tackling the most dire challenge the young movement has faced to date – the alarming lack of unified guidelines for ensuring the security of IoT applications.
Gartner, Inc. forecasts that 4.9 billion connected things will be in use in 2015, up 30 percent from 2014, and the figure will reach 25 billion by 2020*. The analyst firm also projects that by 2017, 50 percent of IoT solutions will originate in startups that are less than three years old**.
Meanwhile, the specter of an insecure and dangerous IoT is becoming increasingly worrisome; last month, the U.S. Federal Trade Commission publicly raised concerns of security risks associated with the rising number of interconnected systems and devices, and a top U.S. news organization reported that DARPA had wirelessly hacked into a major automotive OEM’s braking system. Additionally, a recent report from tech giant HP found that many IoT end-nodes are inherently insecure, with 70 percent of evaluated devices transmitting data via unencrypted network services.
Intent on applying its extensive expertise and proven technologies to address these trends, Freescale today announced several landmark programs intended to help establish standards and drive industry metrics for IoT security assurance. These initiatives include:
- Teaming with the Embedded Microprocessor Benchmarking Consortium (EEMBC) to identify critical embedded security gaps and collaborate with other consortium members to establish guidelines that help IoT OEMs and system designers better secure IoT transactions and endpoints. Founding members of this coalition will convene in May at the second annual IoT Developers Conference in Santa Clara, California.
- Establishing Freescale Security Labs – Centers of Excellence (CoEs) at Freescale’s headquarters and other locations worldwide, where the company, its partners and customers will focus on enhancement of IoT security technologies spanning from the cloud to the end-node. Alongside these CoEs is the commitment to allocate up to 10 percent of the company’s annual R&D budget on IoT security technologies.
- Creating a program dedicated to educating startups on IoT security best practices and providing best-in-class security support through Freescale’s partner ecosystem.
“Security challenges represent nothing less than an existential threat to the IoT movement, before it really has a chance to take off,” said Gregg Lowe, President and CEO of Freescale Semiconductor. “Freescale is addressing these challenges head-on to help ensure a future where secure solutions power every node of the IoT -- from end devices to the network to the cloud.”
A proven track record of security and safety
Freescale has been driving security standards for decades, making networks more secure, cars more safe and connected devices more resilient to attacks. With a vast portfolio of technologies and comprehensive system-level view into IoT applications, the company is uniquely qualified to help to tackle the IoT end-node to cloud security challenge.
About Freescale Semiconductor
Freescale Semiconductor (NYSE:FSL) enables secure, embedded processing solutions for the Internet of Tomorrow. Freescale’s solutions drive a more innovative and connected world, simplifying our lives and making us safer. While serving the world’s largest companies, Freescale is also committed to supporting science, technology, engineering and math (STEM) education, enabling the next generation of innovators. www.freescale.com.
*Gartner Press Release, “Gartner Says 4.9 Billion Connected "Things" Will Be in Use in 2015,” November 11, 2014, http://www.gartner.com/newsroom/id/2905717
**Gartner Press Release, “Gartner Says By 2017, 50 Percent of Internet of Things Solutions Will Originate in Startups That Are Less Than Three Years Old”, October 9, 2014, http://www.gartner.com/newsroom/id/2869521
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