SoftBank's ARM Makes Bid to Standardize IoT Security Industry

  • SoftBank-owned company has market power to drive adoption
  • Security concerns seen as holding back growth of IoT so far

SoftBank's ARM Makes Bid to Standardize IoT Security Industry

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Faith in the security of baby monitors took a hit when researchers discovered some could be compromised and turned into surveillance devices, but U.K. computer chip designer ARM has unveiled a proposed solution.

The firm, owned by SoftBank Group Corp., has developed a security framework for so-called Internet of Things devices that, if adopted widely, could help instill consumer confidence and boost sales.