A new partnership involving telcos, vendors and IT companies aims to safeguard the security of the IoT.
AT&T, Nokia, IBM, Palo Alto Networks, Symantec and Trustonic are the founding members of the IoT Cybersecurity Alliance, which will research and raise awareness of the ways to secure the IoT ecosystem.
The first goal of the programme is to research the security challenges of the IoT across connected cars, industrial, smart cities and healthcare.
The research will be based on specific use-cases or business challenges, the Alliance said.
The programme will also seek to research IoT security at every critical layer, including the endpoint, connection, cloud and data or application layers.
Finally, the Alliance will seek to influence standards and policies around cyber security.
"The explosive growth in the number of IoT devices is only expected to continue; therefore, so must the associated cybersecurity protections," said Mo Katibeh, AT&T’s Senior Vice President of Advanced Solutions.
"Today's businesses are connecting devices ranging from robots on factory floors to pacemakers and refrigerators.
“Helping these organisations stay protected requires innovation across the whole IoT ecosystem to enable sustainable growth."
AT&T Chief Security Officer Bill O'Hern said: "Be it a connected car, pacemaker or coffee maker, every connected device is a potential new entry point for cyberattacks.
“Yet, each device requires very different security considerations.
“It's become essential for industry leaders and innovators like those in the founding members of this Alliance, to work together to help the industry find more holistic security approaches for IoT."
Last December, consumer watchdogs in Europe and the US lodged a joint complaint against the makers of top-selling internet-connected toys for failing basic privacy and security measures, and not keeping children safe.
The Norwegian Consumer Council identified major security flaws in the My Friend Cayla doll and i-QUE robot connected toys, specifically.
IoT cyber security may also be an opportunity, according to ABI Research, which has forecast that managed security service providers will see a fivefold increase in revenues between now and 2021 to $11 billion.