Cyber security company EDTS Cyber and technology investment group Cape Augusta recently announce the formation of a joint venture called Secure IOT, which will focus on providing security solutions for the consumer market.
IOT devices are typically easy to set up, easy to use, and unfortunately, easy to hack, says EDTS. Connected devices are quickly becoming ubiquitous in homes and businesses, but they are often installed and operated insecurely. Refrigerators, home automation systems, video streaming devices, video games, and thermostats are just a few examples.
Home computers and devices hold valuable information such as tax returns, banking information, family photos, and personal details. Hackers and thieves are targeting these systems for financial gain. They are also using those compromised systems to attack other systems. Millions of consumers that fall victim to attacks and lose data from within their own homes go unreported, according to EDTS.
Home users are typically left with basic protection in the form of anti-virus software limited to the home computer and not connected to the other ancillary devices on their network. Advanced cyber security tools have typically been too expensive and complicated for the average home user. Joint venture Secure IOT is dedicated to solving that problem.
Charles Johnson, CEO of EDTS Cyber and founding partner of Secure IOT, said, “Even though this new venture is aimed at the home sector, I feel it’s helping our national security stance. These systems when compromised are being used to attack U.S. systems and infrastructures—this has to stop.” Secure IOT will be offering security for the home’s internet-connected devices for a low monthly/yearly subscription.
For 18 years EDTS and EDTS Cyber have been dedicated to securing corporate and government systems. “By leveraging the world class systems developed by EDTS Cyber to secure large scale corporate networks, Secure IOT is able to provide a robust solution for home computers,” says James Ainslie, CEO and President of Cape Augusta and founding partner of Secure IOT.
Securing the Internet of Things is a huge mission that must be tackled immediately, said Johnson. “Cape Augusta and EDTS Cyber are actively working with various internet service providers, technology inventors, and industry experts to develop a solution that can protect new and future IOT technology.”
Secure IOT, LLC is finalizing results with test groups that will help refine the company’s customer portals, website, and collateral. Full scale operation is slated for January 2018. Secure IOT, LLC is located at the Augusta Cyberworks Campus at Sibley Mill.
“As our consumer marketplace becomes more dependent on a multiplicity of connected devices to manage their homes and lives, they trust their IOT vendors with the virtual keys to their homes,” Ainslie said, adding that this is an offering that provides control and peace of mind to home users, backed up by a trusted brand in service delivery.