IoT Platform Providers

Cyber Security for IoT Platform Providers

The IoT and Industrial IoT continue to expand, and today with over 500 platforms available for connected solutions, enterprises and organizations who are implementing are looking at ensuring security as a forethought, not an afterthought. The data collected from devices brings tremendous cost savings and operational efficiencies, whether enabling factory automation, smart home services, connected cars, and even entire Smart City solutions. Connected end points can also be controlled today, in close looped systems, automating the energy grid and other mission critical systems, which, if breached, could be catastrophic. From individual consumers to large industrial plants, IoT impacts everyone and everything today, but without securing IoT platforms, providers and consumers are at risk, and by ensuring secure access management is in place, risks associated with insider threats can be reduced by as much as fifty percent (given that approximately half of the breaches today are caused intentionally or accidentally by internal administrators). Kron Technologies enables IoT platform providers to secure credentials for these at-risk accounts and provides for efficient and immediate auditing given real time logging, allowing providers to prevent breaches and demonstrate compliance. Kron Technologies gives IoT Platform providers the capability to monitor access and manage all credentials through a unified system that provides a centralized point of authentication, reducing exposure and risk associated with privileged accounts and shared administrative credentials.