Actelis Unveils AI-Driven Cybersecurity SaaS for IoT Networks
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Actelis Introduces AI-Driven Cybersecurity SaaS for IoT Networks
Actelis Networks, Inc. (NASDAQ: ASNS), a leader in cyber-hardened, rapid deployment networking solutions for IoT applications, has announced a strategic partnership with an advanced cybersecurity provider. This collaboration aims to develop and launch a novel, AI-Powered Software as a Service (SaaS) offering, under Actelis’ initiative known as ‘Cyber Aware Networking’. The new software is engineered to serve as an intelligence layer integrated into Actelis’ networking devices, utilizing the inherent capabilities of the network in conjunction with IoT devices to provide monitoring and safeguarding for physical assets such as cameras, sensors, and additional devices located at the network edge. This proactive approach allows for corrective actions to be taken before any issues can affect the wider network.
Enhancing Security with Cyber Aware Networking
Actelis’ ‘Cyber Aware Networking’ solution significantly boosts the security, efficiency, and operational continuity of IoT networks. By deploying enterprise-grade AI Asset Intelligence and Threat Management capabilities directly alongside the network infrastructure, this new initiative positions Actelis to deliver comprehensive, secure, and scalable IoT connectivity solutions. Notably, such improvements are particularly beneficial for critical infrastructure applications, including local and federal government networks, utility companies, intelligent transportation systems, and airport operations.
Perspectives from Leadership
According to Tuvia Barlev, Chairman and CEO of Actelis, the protection of data is of utmost importance given the deployment of tens of thousands of Actelis devices across crucial IoT networks worldwide. Barlev emphasized that the introduction of an additional protective layer can empower businesses by allowing them to not only detect and report cyber-attacks and operational discrepancies but also implement immediate, actionable responses directly through the communication network. This strategy extends beyond merely fortifying network security; it also incorporates cybersecurity measures for devices positioned at the most vulnerable edges of the network.
Addressing the Increasing Threat Landscape
The pressing necessity for enhanced security measures is underscored by the rising number of cyber-attacks targeting IoT devices. A report by the Ponemon Institute indicates that 63% of organizations anticipate a substantial increase in the frequency of IoT-related attacks. Actelis’ new solution is poised to tackle these challenges by providing a thorough visibility solution, complete monitoring abilities, and advanced threat detection specifically for IoT networks.
Leveraging AI and Machine Learning
The architecture of ‘Cyber Aware Networking’ integrates AI and machine learning, offering advanced threat detection and mitigation that is not only easy to deploy but also rapidly adaptable and scalable for extensive networks. This collaboration is aligned with Actelis’ strategic goal of bolstering its market share in the IoT domain while validating the company’s commitment to evolving cybersecurity needs through the implementation of its vision of ‘Cyber Aware Networking’. Furthermore, this initiative is expected to contribute to increasing recurring software revenues. As the IoT market continues on its growth trajectory, the demand for secure and resilient network solutions becomes even more critical. Actelis’ integrated solution is well-positioned to fulfill this requirement, assuring enhanced protection and reliability for IoT frameworks.
Market Insights
Projections indicate that the global IoT security market is set to reach $306 billion by 2032, driven by the rising adoption of IoT devices and an escalating number of cyber threats. Actelis is strategically focusing on the sectors most impacted by these risks, including government, energy, and transportation, thereby establishing a foundation for the success of its new cybersecurity offering. Currently, IoT edge devices exhibit comparatively lower security measures than IT networks, presenting a significant opportunity for Actelis to fill this gap.
About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) stands at the forefront of developing cyber-hardened, rapid-deployment networking solutions aimed at wide-area IoT applications across various sectors including federal, state, and local governments, intelligent transportation systems, military operations, utility services, railroads, telecom, and university campuses. The company’s unique mix of hybrid fiber-copper environmental hardened aggregation switches, high-density Ethernet devices, advanced management software, and cyber-protection capabilities unlocks substantial value in essential networks, providing safer connectivity for rapid and cost-effective deployment. For more information, please visit the official Actelis website.
Contact Information
Media Contact:
Sean Renn
Global VP Marketing & Communications
srenn@actelis.com
Investor Contact:
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com
Frequently Asked Questions
1. What is the main purpose of the AI-Powered SaaS developed by Actelis?
The AI-Powered SaaS aims to enhance security, efficiency, and operational continuity for IoT networks by providing advanced monitoring and protective capabilities against cyber threats.
2. Who is Actelis partnering with for this new initiative?
Actelis is partnering with an advanced cybersecurity provider to develop and launch the new AI-powered SaaS under its ‘Cyber Aware Networking’ initiative.
3. How does the 'Cyber Aware Networking' solution work?
This solution integrates within Actelis’ networking devices to monitor, detect, and mitigate cyber-attacks and operational faults, allowing for immediate response actions at the edge of the network.
4. What sectors benefit most from Actelis' IoT security solutions?
Key sectors benefiting include government, energy, transportation, and various critical infrastructure applications that require robust and secure IoT connectivity.
5. What market trend is driving the need for Actelis' cybersecurity offerings?
The increasing number of cyber-attacks on IoT devices is driving demand, with market predictions suggesting significant growth in the IoT security sector over the coming years.
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