An ecosystem of Internet-tethered devices underpins many of the services the world relies on today. But this connectivity comes with a major caveat in that services can be brought to naught with a simple security breach. The largest ransomware attack on a major U.S. pipeline last year involved a single password leak. The breach was grave enough to force the pipeline company to temporarily halt its operations, sending fuel prices soaring for weeks.
Statista projects the total installed base of IoT-connected devices to reach 30.9 billion by 2025. Depending on the use case, a security breach can cause major disruptions or even disasters. So in the Internet of Things era, it is crucial to ensure that only trustworthy devices are connected to the Internet. This is where device authentication comes into the picture.(more…)