2018-10-27 22:27 |
NOVAM is the first distributed cybersecurity solution for IoT using Distributed Ledger Technology to monitor and automatically mitigate cyber-threats in Internet-of-Things (IoT) ecosystems while providing auditing and compliance reporting.
Research for NOVAM started in 2016 at Inteligus Solutions. Inteligus Solutions built a successful business by providing identity and access management solutions in the digital security and surveillance industry. Inteligus Solutions also specializes in custom-fit security solutions, identity management, and access control systems for original equipment manufacturers (OEM) spanning more than 50 countries and 50,000+ surveillance devices.
Ian Perschke, Adam Perschke and Brooks McMillin are the founders of Inteligus Solutions. They recognized an opportunity to merge distributed cybersecurity, artificial intelligence and distributed ledger technology to create a company whose mission is to transparently and more securely protect entire networks, infrastructures and IoT endpoints with automated technology.
Using machine learning, AI and probabilistic mathematics, their monitoring and mitigation system is ever-alert, and always present while being device agnostic. This system is designed to protect networks by monitoring and mitigating cyber-threats and intrusions automatically. Providing auditing and regulatory compliance integrations into existing Security Operation Centers (SOC) and cyber-products enables enterprise to provide accurate reporting for stakeholders and governments.
NOVAM is using distributed cybersecurity technology to mitigate IoT threats from the secure boot chain, operating system, application layer and network. It is also providing features like auditing and regulatory compliance integration to the threat monitoring and detection services to ensure that events are included on a distributed ledger network.
NOVAM’s aim is to become the industry leader using distributed ledger technology for cybersecurity threat detection, device mitigation and compliance. There are three pillars on which NOVAM is focused. Monitoring IoT devices and systems, threat mitigation of IoT devices, and auditing and regulatory compliance for threat monitoring platforms.
NOVAM is focused on industries related to hardware manufacturers, software firms, cybersecurity, Fortune 500 and eCommerce/digital Payments. The cybersecurity token is a software license within the distributed ledger to access the network, client functions, security and additional technology in the future.
Companies coupling with the NOVAM token will have the additional benefits of democratizing the purchase of software licenses. It will reduce the costs associated with negotiating bulk licensing deals, paying for licenses and company time to initiate.
The NOVAM team has experience in security, government system architecture, networking, IoT, access control systems and corporate innovation.
The post In a world of IoT, Cybersecurity reigns supreme – NOVAM combines the best of Distributed Ledger Technology and Risk Mitigation appeared first on ZyCrypto.
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