Shield-IoT, a leading IoT cyber security software solution provider, and Datora Telecom, one of Brazil’s top MVNO connectivity providers, announced the launch of a new IoT security service. The new SaaS service will enable Datora and its enterprise customers to seamlessly monitor and secure any cellular-connected device across any application at any scale.
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With over 50 billion IoT and IIoT devices expected to be connected by 2024, countless industries such as utilities, smart grids, transportation, and various smart city applications rely on their connected devices to support key services and fuel business growth. In Brazil, 79% of companies expect their IoT implementations to grow in size over the coming 12 months. Of those, 44% have active plans to implement 5G for IoT connectivity.
The increased adoption has led to an escalating threat leveraging connected devices. In the first half of 2021, there were 1.5 billion IoT global breaches, which security experts expect to increase as more IoT devices are connected.
“Hackers can easily attack vulnerable infrastructure and infiltrate into an organization’s network via devices exposed in the field, such as smart meters, EV charging stations, Point-of-Sales, and CCTV cameras. Once inside, they are able to steal data, send false data, stage ransomware attacks, manipulate device operations, and even take down critical infrastructure,” said Udi Solomon, CEO, and Co-Founder at Shield-IoT.
The new service analyzes device-to-cloud communication statistics to accurately detect the first signs of unknown cyber-attacks and operational events before any damage can take place.
Users get real-time unparalleled visibility and can take preventive measures, leveraging the solution’s actionable alerts, including event type, severity, recommended action, and more.
“As IoT networks continue to grow massively and as new threats emerge, customers require a solution that can easily adapt to meet these challenges,” added Solomon. “Our context-free AI solution is ‘future-proof’ by design, built to protect both today and tomorrow‘s IoT networks against current and