The Importance of IoT Security for Smart Home Manufacturers

The Importance of IoT Security for Smart Home Manufacturers
By: Vivian Huang, SiMPNiC
In recent years, awareness of connected devices, smart home and Internet of Things (IoT) has rapidly increased. Gartner Research estimates that the global deployment of connected devices will reach nearly 26 billion by 2020 . As part of this trend, smart building or smart home solutions are gaining popularity as consumers desire for convenience and expectations for more effective and efficient ways to manage comfort, energy management and home security solutions in the home continue to grow. 
As the IoT market is seeing a period of substantial growth, there is an increasing number of companies looking to implement IoT-related business to increase company value. One factor to this growth is IoT Security. Security is also a huge effort for small manufacturers producing most of the IoT devices and is often neglected - it has been found that only 48% of the companies prioritize security in their devices in development phase*. Also, due to a tight development schedule and unawareness of the solutions available, many IoT solution providers ignore the importance of IoT security. There are many risks on IoT devices including a large number of data transmission and not requiring a complex password. Furthermore, IoT devices are resource-constrained in terms of power/performance/functionality, thus it is impossible for network administrators to know what's going on with all devices. 
SiMPNiC, a professional IoT integrated solution provider, aims to solve these IoT security problems which may result in potential damages to users, and offers a solution that provides security mechanisms and Edge Security through the SiMPNiC gateway, ensuring users peace of mind knowing their home systems are safe. The gateway also features the Z-Wave Security 2 (S2) framework for additional security support. 

With years of experience and knowledge in networking, SiMPNiC Edge Security (SES) has applied firewall, AES-128 bit encryption along with AA mechanism (Authentication & Authorization) and other security features in the IoT gateway, and secured tunnels on the communication between devices and the gateway. SES ensures all connected devices are secure from cyber-attacks while connecting to the Internet and protects users from hackers to gain access to their private data. Other features include a built-in firewall, certificate downloads on demand, micro-SD card/USB security and verification, alerts for unauthorized logins and software tampering detection and notifications.

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* Securing the Internet of Things Opportunity: Putting Cybersecurity at the Heart of the IoT, Capgemini Consulting, February 2015, https: //

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