Skip to main content

'Privacy will be keen market driver', says NXP

Although there is much discussion of ‘an internet of things’ it is in fact a very broad term and security needs vary widely, Infineon Technologies’s Stephan Hofschen said. For things like power grids and M2M applications such as vehicle-to-vehicle communications there is a mandated need for very high levels of security, whereas the same cannot be said of all communications between the 50 billion interconnected devices expected to be in the world by 2025.
November 20, 2013 Read time: 2 mins
Although there is much discussion of ‘an internet of things’ it is in fact a very broad term and security needs vary widely, Infineon Technologies’s Stephan Hofschen said. For things like power grids and M2M applications such as vehicle-to-vehicle communications there is a mandated need for very high levels of security, whereas
the same cannot be said of all communications between the 50 billion interconnected devices expected to be in the world by 2025.

But, said NXP Semiconductors’s Steve Owen, security and privacy will be key market drivers, and the industry has to take a lead and stay ahead of those looking to obtain data via nefarious means. Gemalto’s Olivier Piou highlighted the disparity in development cycles between, for instance, smart devices with a lifespan of 25 years versus smart phones whose marketability can be measured in months; standardisation is going to become increasingly important. Expanding on standards, Giesecke & Devrient’s Axel Deininger added that the industry has a good story to tell but that very long certification cycles are a barrier to market entry, especially as OEM development cycles shorten.

Related Content

  • November 20, 2013
    World Card Summit touches on biometrics security
    Biometric security is progressing out of the police/military sector and into the civilian world. The technology has in fact been ready for some time and ubiquity will be driven by the technology’s convenience, said Phillip d’Andrea, EVP e-Documents Division, Morpho, whilst speaking during the World Card Summit here at CARTES 2013 on Tuesday.
  • October 30, 2013
    Brazil is guest of honour at CARTES Secure Connexions Event 2013
    Brazil may be hosting the world in the upcoming FIFA World Cup but this autumn CARTES Secure Connexions Event 2013 will be hosting Brazil as Guest of Honour Country in recognition of its growing importance in the marketplace. Brazil has become a hotbed of innovation in the secure transactions industry, thanks to a long tradition of technology and industrial development supported by a tech savvy populace, said Isabelle Alfano, CARTES Events Director. “Brazil has the best combination between local industria
  • October 31, 2013
    Focus on trust as key to growth in mobile payments at CARTES 2013
    The Mobile Payment and Smart Shopping areas at November’s CARTES Secure Connexions Event will focus on innovations and advanced technologies in mobile payments – while a conference entitled “Your future is mobile: Trust it!” will be chaired by Sirpa Nordlund, Executive Director of Mobey Forum, and will highlight the latest developments. Things are moving fast: the speed and scale of the mobile revolution has exceeded most expectations and the numbers speak for themselves: almost half the world’s population
  • April 9, 2014
    Global toll revenues $8.5bn while technology ‘battles’ continue
    ABI Research’s Dominique Bonte talks to Jason Barnes about trends in tolling and how a wider appreciation of technology options is sorely needed. Global Electronic Toll Collection (ETC) solution revenues will grow to $8.5bn by 2018, with ETC becoming a main source of funding for both Intelligent Transport Systems (ITS) and Vehicle-to-X (V2X) cooperative infrastructures, according to a new report from ABI Research (Chart 1). But, says the report’s author, ABI Research vice president and practice director Dom