Arm - Experts & Thought Leaders

The Connectivity Standards Alliance ("Alliance") Product Security Working Group is pleased to announce the release of their IoT (Internet of Things) Device Security Specification 1.0, with the accompanying certification program, and Product Security Verified Mark. This groundbreaking initiative aims to establish a unified IoT cybersecurity standard and certification program, providing manufacturers with a one-stop solution to certify their devices, enabling them to comply with multiple international regulations and standards more easily. Diverse international regulations "The unveiling of the IoT Device Security Specification 1.0, alongside its certification program and the Product Security Verified Mark, signals an important milestone in bolstering IoT security and building confidence with consumers," said Tobin Richardson, Alliance President & CEO of the Connectivity Standards Alliance. "By bringing together diverse international regulations into a cohesive specification, the Product Security Certification Program streamlines the process, reduces redundancy, and provides manufacturers with a singular, respected avenue for certifying their devices globally." IoT Cybersecurity baselines The Product Security Working Group aims to meet this challenge by consolidating requirements With the increasing adoption of consumer IoT devices, there is a heightened emphasis on security due to a rise in incidents involving breaches and malicious device hijackings. The Product Security Working Group aims to meet this challenge by consolidating requirements from the three most popular IoT Cybersecurity baselines from the United States, Singapore, and Europe into a single specification and certification program. This unifying effort helps manufacturers more easily and efficiently address these regulatory regimes' requirements aiming to instil confidence in consumers and regulators. Value of IoT devices "As consumers embrace the convenience and value of IoT devices, the Alliance is dedicated to helping to create more comprehensive protection for consumers. This initiative aims to establish a robust baseline for all consumer IoT devices," said Steve Hanna of Infineon Technologies AG and Chair of the Product Security Working Group Steering Committee. "The Alliance's Product Security Verified Mark and IoT Device Security Specification 1.0 will make it easier for manufacturers to address consumer IoT security requirements around the world." IoT Device Security Specification 1.0 requirements The Product Security's IoT Device Security Specification includes dozens of specific device security provisions. IoT Device Manufacturers must demonstrate compliance with those provisions, supplying justifications and evidence to an Authorised Test Laboratory with expertise in security evaluation and experience certifying products relative to this specification. Highlights of the specific requirements include: Unique identity for each IoT Device No hardcoded default passwords Secure storage of sensitive data on the Device Secure communications of security-relevant information Secure software updates throughout the support period Secure development process, including vulnerability management Public documentation regarding security, including the support period Driving requirements and specification These units spearheaded the process by driving needs and specification action Nearly 200 member companies — including  Amazon, Arm, Comcast, Google, Infineon Technologies AG, NXP Semiconductors, Schneider Electric, Signify (Philips Hue and WiZ), and Silicon Labs —  have collaborated, pooling related technologies, expertise, and innovations enabling the IoT Device Security Specification 1.0, the accompanying certification program, and Product Security Verified Mark to meet the diverse needs of stakeholders, including consumers, device manufacturers, and regulators. Together, these companies spearheaded the process by driving requirements and specification development and ultimately helping validate the final specification. The Product Security Certification Program and Verified Mark Product Security Verified Mark is proof a product meets the specification's security needs Encompassing a broad spectrum of smart home devices such as light bulbs, switches, thermostats, doorbell cameras, and more, the Product Security Certification Program establishes minimum requirements for IoT devices. By consolidating several international regulations into a single set of requirements, the Certification Program streamlines the process, helping manufacturers meet certification criteria from multiple countries or regions with a single evaluation. The Product Security Verified Mark is confirmation a product meets the specification's security requirements, with the goal of inspiring consumer confidence. When displayed prominently on certified product packaging, store signage, and online platforms, this Verified Mark builds trust by serving as a marker for secure IoT devices. A printed URL, hyperlink, QR code, or a combination of these representations on the Product Security Verified Mark gives consumers access to more information about the device's security features. Looking ahead As technology advances and new threats emerge, the Product Security Working Group remains committed to continuously enhancing the IoT Security Device Specification and the accompanying certification program. To learn more about how to be a part of the next generation of the IoT, visit here and become a Member of the Connectivity Standards Alliance.

Advantech, a globally renowned company in industrial IoT, is hosting an investor conference on August 2, 2023, presided over by Chairman - KC Liu, alongside three Co-Presidents – Mr. Eric Chen, Ms. Linda Tsai, and Mr. Miller Chang. Advantech’s revenue and profits for the first half of 2023 have set a new company record for the same period of time, with YoY (Year-on-Year) growth at 4% and 19%, respectively. Advantech’s finances for first half of 2023 The gross margin hit at 40.5%, the operating profit amounted to NT$6.931 billion The gross margin hit at 40.5%, the operating profit amounted to NT$6.931 billion, and the consolidated net income after tax totaled NT$5.964 billion (net profit margin of 17.3%), while the EPS (earnings per share) reached NT$6.97 in 1H23. Eric Chen, the Chief Financial Officer (CFO) and President of General Management stated, “Looking forward to the second half of 2023, global high inflation and China’s economic recovery remain uncertain. With new orders significantly slowdown, the 3Q23 revenue momentum is anticipated to reflect a recession, a consequence of dwindling new orders since the beginning of the year.” Overall profitability projected to steadily increase Eric Chen adds, “The 3Q23 revenues are projected within the $480 million USD to $500 million USD range, the gross margin will be in the range of 38.5% to 40.5%, and the operating profit margin will be in the range of 16.0% to 18.0%.” He continues, “Despite the anticipated slowdown in revenue momentum in the second half of the year, overall profitability is projected to steadily increase as raw material prices normalise and operating efficiency improves, thereby fostering the development of a sound financial structure.” Seizing sustainable and new business opportunities According to Chairman, KC Liu, the incorporation of artificial intelligence (AI) technology and sustainable net-zero applications will drive a new wave of the industrial revolution, propelling the AI of things (AIoT) into a phase of exponential growth. Leveraging the software and hardware integration expertise that the IoT industry has acquired over the years, Advantech has deployed its Intelligent Energy Management Solution (iEMS), its application-focused embedded (AFE) systems, and its industrial AI systems, nurturing areas with high development potential to propel the next phase of growth: iEMS: The global transition toward net-zero emissions for sustainability is creating vast business opportunities for emerging applications that manage carbon conservation and carbon reduction. Advantech’s iEMS, a one-stop energy management solution, provides a low-code data visualisation platform to assist corporate customers in digitally and intelligently managing their carbon, energy, and critical energy-consuming facilities. This solution addresses numerous sustainability challenges that customers face, including ESG, carbon neutrality, net-zero emissions, carbon reduction, and carbon tariff planning (EU’s Carbon Border Adjustment Mechanism, U.S. Clean Competition Act). This energy management solution not only enhances carbon competitiveness, but also plays a significant role in advancing the sustainable stewardship of our planet. AFE: Aiming to position the innovation value of the platform directly at the development of emerging industries, Advantech has deployed EV charging equipment, autonomous mobile robots, and rugged computers, among other domain-focused areas, adopting deep collaborative strategies (i.e., co-development, co-marketing, co-selling) to cultivate the IoT market with co-creation partners. Industrial AI: Industrial AI solutions are one of Advantech’s core competencies, developed by integrating imaging and data processing techniques required for AI, lowering the entry barrier for industries to leverage AI, and assisting industry partners with AI upgrades to continue embedding the value of AI within the industry. The product strategies for industrial AI are centered on ‘industrial AI platform systems’ and ‘industrial AI solutions’ — the two pillars around which cooperative relationships are formed with technology pioneers (e.g., Nvidia, AMD, ARM, etc.) to develop edge AI systems, nurture the industrial ecosphere of Independent Software Vendors (ISV), and offer total solutions for industrial applications through advanced industries along with academic research. Targeting industry pioneers with a mindset of innovation Advantech announced at the beginning of the year a plan to initiate a third transformation on a global scale with a sector-driven approach at its core. Whereas previous business models were typically product-centered, this plan will completely transform the model into an industry-centered one, with internal resources directed at eight pioneering sectors: embedded design-in & DMS, application-focused embedded (AFE), industrial equipment and transportation, industrial automation, energy & utilities, iCity services, iHealthcare, industrial cloud and video, and IoTMart. Currently, Advantech has completed reviewing and organising sales organisations, and the teams of its main sales locations. The company will be taking the next step to build a business team composed of domain experts in the eight sectors mentioned. This will drive our advance into the IoT ecosystem and remain knowledgeable of market trends to drive product technology innovation and enhance service value.

Human Layer Security company Tessian announces that it has raised $65 million in Series C venture capital funding to accelerate its mission of quantifying and preventing human risk in global enterprises, and empowering people to do their best work without security getting in the way. The round is led by March Capital, a venture-growth firm which has previously invested in cybersecurity unicorns such as CrowdStrike and KnowBe4. Existing Tessian investors Accel, Balderton Capital, Latitude and Sequoia Capital also participated in the Series C funding round, along with new investor Schroder Adveq, bringing Tessian’s total funding to-date over $120 million. The deal values Tessian at $500 million. Tessian is pioneering a new approach to cybersecurity and defining a new category of security software called Human Layer Security. Today, 90% of today’s data breaches are caused by some form of human error because, for decades, cybersecurity software has focused on the machine layer of an organisation and not the most vulnerable asset: the people. Behavioural Intelligence Models While organisations have traditionally relied on training programs or restricting people’s access to data and systems to overcome the so-called “people problem” in security, Tessian uses machine learning to stop data breaches and security threats caused by human error - without disrupting employee workflow. It builds Behavioural Intelligence Models, tailored to every employee, by analysing individuals’ communication patterns and behaviours online. Tessian uses the models to automatically detect security threats and prevents them from turning into breaches by notifying the employee of the risk in the moment. Over time, these alerts help employees improve their security behaviours. Tessian uses the models to automatically detect security threats and prevents them from turning into breaches Today, Tessian secures people on email - where they spend over 40% of their time at work - and automatically prevents threats such as phishing, business email compromise, data exfiltration and accidental data loss. After deploying Tessian, enterprises see, on average, an 84% reduction in data exfiltration and phishing simulation click-through rates drop to less than 1%. Human-activated security risks The need for greater visibility of human-activated security risks, and mitigations of these threats, was brought into sharp focus last year following the shift to remote work. Research revealed that employees were less likely to follow safe data practices when working from home, while the number of phishing attacks doubled in 2020. In fact, in the last year, Tessian tripled its Fortune 500-level customer base as enterprises required a solution that could protect them against human layer security threats. Tessian now has approximately 350 global customers across the legal, financial services, healthcare and technology sectors including Affirm, Investec and RealPage. One customer, Tim Fitzgerald, CISO at Arm said, “The security of our operations and data is paramount to the success of Arm, and we’re committed to empowering our people to make sound security decisions while doing their jobs effectively. The concept of human layer security is becoming a critical part of doing business today.” “Tessian enables us to reduce risk across the organisation by providing valuable tools and knowledge to not only stop threats like advanced phishing attacks and accidental data loss, but also continually improve the security behaviours of our teams as the threat landscape evolves.” Data loss prevention solutions With the new funding, Tessian will expand its platform’s capabilities, helping companies replace their secure email gateways and legacy data loss prevention solutions, and will soon expand beyond email to secure other interfaces like messaging, web and collaboration platforms. Tessian will also use the funding to triple its rapidly growing employee base, with a particular focus on growing its sales team in North America. Human activity, whether inadvertent or malicious, is the leading cause of data breaches" Jamie Montgomery, Co-Founder and Managing Partner at March Capital said, “Human activity, whether inadvertent or malicious, is the leading cause of data breaches. In Tessian, we found a best-in-class solution that automatically stops threats in real-time, without disrupting the normal flow of business. It is rare to hear such overwhelmingly positive feedback from CISOs and business users alike. We came to the same conclusion; Tessian is rapidly emerging as the leader in human layer security for the enterprise.” Series C Tim Sadler, Co-Founder and CEO at Tessian said, “In the same way we have firewalls to secure networks, and endpoint detection and response platforms to secure devices, enterprises now need advanced security technology to secure their people.” “People make 35,000 decisions every day; it just takes one wrong decision or one instance of human error for an employee to cause a catastrophic security breach. We’re tackling the biggest threat to enterprise security, and are thrilled to partner with March Capital on our Series C and have them join our mission to secure the human layer.” Tessian’s funding announcement closely follows the news that Ramin Sayer, CEO and President of Sumo Logic, has joined Tessian’s Board of Directors.