Overcoming IoT Device Security Challenges

Monday 7 June 2021, 15:00 BST (10:00 EDT, 16:00 CEST, 22:00 HKT)

Digital transformation, fueled by connected devices, provides unparalleled levels of data that unlocks new business opportunities across all industries. This massive scaling of devices brings with it increasing security risks: 84% of companies who have adopted IoT have reported some kind of breach. The cost of hacks is growing, and consumer confidence is dwindling- nearly a third of consumers who don’t own a smart device won’t buy one due to security concerns. This is impacting adoption rates and impeding digital transformation.

Even though it’s well known that security can build trust and accelerate digital transformation, many companies are still not embedding security into every new device. The PSA Certified 2021 Security Report found that significant barriers to IoT security remain for device manufacturers, including regulatory fragmentation, risk and liability, total cost of ownership and changes in consumer perceptions. Schemes like PSA Certified provide the security framework and resources that OEMs need to overcome these barriers and implement best practice security.

In this interactive roundtable, we’ll be breaking down these challenges with industry leaders Eurotech, Flex and ams OSRAM. Listen as we examine the value of certification and how PSA Certified is simplifying the security journey for OEMs- building trust in your devices and strengthening your reputation.