Sensify Security, a company that delivers decentralized information security services for industrial & commercial IoT operations with centralized control, policy management & compliance, recently joined the The Industrial Internet Consortium, the global, member-supported organization that promotes the accelerated growth of the IIoT. Sensify Security is in the forefront of IoT security by enabling operators to control access between users, applications, control systems & sensor devices by hosting sophisticated information security services within their operating environments. Sensify’s blockchain-based consensus protocol builds high levels of tamper-resistance into these services in conjunction with industrial-scale control of policies & compliance. Sensify has partnered with industrial vendors & operators across verticals like energy distribution (smart-grids), aviation, building management & transportation. The IIC membership creates a platform for multiple vendors and Sensify Security to collaborate and create industry standard security solutions.
The proliferation of Internet-connected devices in industrial & commercial operations coupled with lack of common standards across embedded systems has led to a surge in weapons-grade cyber-attacks on such operations. The scale and severity of such attacks have increased rapidly over the last 2-3 years; as witnessed in the recent Internet-wide DDoS attack that leveraged connected devices (like cameras, DVRs & routers) to host botnets and generate a record 1.2 Tbps traffic towards DNS provider Dyn. Such exploits have exposed systemic weaknesses with current cyber-security approaches like permanent certificates and backdoor passwords.