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We at Electric Imp believe the problem needs to be addressed with a very different approach: By offering a fully integrated and tested silicon-to-cloud security architecture with ongoing platform and security maintenance. Security not only at deployment, but over the lifetime of the solution.
Defense-in-Depth and Defense-over-Time. It’s how IoT Security needs to be done.
Update Nov 18, 2016:
Yesterday, the Z-Wave Alliance also made an announcement for plans to beef up security. This highlights the challenge of retrofitting existing deployed devices and the moving target security presents.