Tern PLC Device Authority IoT Standards Project
16 Março 2022 - 11:30AM
RNS Non-Regulatory
TIDMTERN
Tern PLC
16 March 2022
REACH
16 March 2022
Tern Plc
("Tern" or the "Company")
Device Authority IoT Standards Project
Tern Plc (AIM:TERN), the company focused on value creation from
Internet of Things ("IoT") technology businesses, is pleased to
note that Device Authority Limited ( " Device Authority"), a
company that Tern has a 53.8% holding in, has announced its
inclusion in a project focused on IoT security standards in
conjunction with Crossroads Innovation Group, a Virginia-based
consulting firm dedicated to emerging technologies. Led by the
Virginia Innovative Partnership Corporation ("VIPC") with funding
from the Virginia Smart Community Testbed and the US Department of
Homeland Security, this project will evaluate best-practices and
technology standards related to securing IoT infrastructure.
The project will take place at the Virginia Smart Community
Testbed in Stafford County, Virginia, USA (the "Testbed"), which is
developing smart technology for the Commonwealth of Virginia. It is
the first 'Smart City Testbed' involving an IoT platform, fully
integrated with 5G connectivity and other new and emerging
technologies for smart cities. The Testbed is designed to
accelerate smart technology growth, while addressing the known and
emerging challenges of securing critical infrastructure.
The Testbed is a 'shared knowledge platform ' to develop
practical and relevant smart technologies solutions. As a 'living
laboratory', it is a true public-private partnership involving
multiple industry partners who will focus on relevant and practical
use cases seeking to produce innovative solutions using emerging
and smart technologies, focused on ensuring that the economic and
social benefits of digital transformation are realised to the
fullest extent.
Along with other industry, US federal and state partners, Device
Authority was selected to participate in the Testbed, leveraging
its KeyScaler(R) Platform to automate standards-based device
onboarding and identity lifecycle management for both new and
legacy device deployments, helping protect IoT assets by preventing
breaches at scale. Crossroads Innovation Group is focused on
promoting industry standards and is providing leadership in the
evaluation of best practices related to important guidelines from
the NIST (US National Institute of Standards and Technology), IEEE
(I nstitute of Electrical and Electronics Engineers) , and emerging
standards like FIDO (Fast ID Online).
This combined solution approach, which includes multiple
participants, aims to provide critical cybersecurity proof points
across a range of technologies involved in the deployment of
diverse IoT technologies and use-cases. Particularly as it relates
to securing the digital environment, the Testbed group will also
develop architectural guidance and best-practice recommendations
for the procurement and secure deployment of IoT technologies by US
federal, state, local, and civilian agencies.
David Ihrie, CTO and Vice President of Strategic Initiatives at
VIPC, commented: "T oday ' s cybersecurity threat landscape
requires a strong partnership between public and private sectors.
This project in the Stafford Testbed gives us the opportunity to
provide a best-in-class approach to securing the broad universe of
IoT devices that is growing daily, and that without adherence to
important standards like the NIST Cybersecurity Framework will
continue to be a major threat to security. "
Enquiries
Tern Plc via IFC Advisory
Al Sisto (CEO)
Sarah Payne (CFO)
Allenby Capital Limited Tel: 0203 328 5656
(Nominated Adviser and Broker)
David Worlidge / Alex Brearley (Corporate
Finance)
Matt Butlin / Kelly Gardiner (Sales
and Corporate Broking)
IFC Advisory Tel: 0203 934 6630
(Financial PR and IR) tern@investor-focus.co.uk
Tim Metcalfe
Graham Herring
Florence Chandler
About Reach announcements
This is a Reach announcement. Reach is an investor communication
service aimed at assisting listed and unlisted (including AIM
quoted) companies to distribute media only / non-regulatory news
releases into the public domain. Information required to be
notified under the AIM Rules for Companies, Market Abuse Regulation
or other regulation would be disseminated as an RNS regulatory
announcement and not on Reach.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRABSGDXLDBDGDL
(END) Dow Jones Newswires
March 16, 2022 10:30 ET (14:30 GMT)
Tern (LSE:TERN)
Gráfico Histórico do Ativo
De Fev 2024 até Mar 2024
Tern (LSE:TERN)
Gráfico Histórico do Ativo
De Mar 2023 até Mar 2024