Telefonica will provide a solution in collaboration with Subex for analysing IoT traffic on networks and detecting threats
Subex, a leading security solution and telecom analytics provider announced its partnership with Telefonica on a new cybersecurity venture focusing on IoT Security. This collaboration will be realized through a new cybersecurity unit recently launched by Telefonica.
As the number of devices connected to the internet grows exponentially, the risks associated with them also grows in parallel. To address these threats and to promote IoT implementation, Telefonica has launched this initiative with a twofold objective. On the one hand, this unit will strive to expand the existing catalogue of IoT products and services offered to customers and, on the other hand, to develop new IoT security solutions to cater to the existing and emerging threats faced by businesses deploying IoT. This unit will leverage Telefonica’s existing network infrastructure and the Kite Platform, an IoT connectivity management platform that allows businesses to improve efficiencies while reducing costs.
“Cybersecurity has become one of the companies’ priorities. We are seeing the emergence of a culture around security that is sensitive to processes, strategies and methods designed to minimize risks while increasing value. This collaboration with Subex represents a step forward in our strategy of helping companies protect their investments, assets, and credibility,” said Pedro Pablo Perez, CEO of ElevenPaths and VP of Global Security at Telefonica.
Vinod Kumar, Managing Director and CEO of Subex stated, “This agreement will add a new dimension to our existing relationship by enabling us to work together towards securing the IoT ecosystem. Amidst all kinds of attacks by cybercriminals and other groups, we want to protect the ecosystem and ensure that IoT projects deliver value. I am confident that IoT businesses will derive significant benefits from our joint efforts.”