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Friday, February 24, 2017

IBM, Visa tackle IoT security

IBM Corp. and Visa Inc. introduced a cross-platform solution Feb. 16, 2017, designed to improve security on the Internet of Things (IoT) by aligning the global brands' patented technologies and capabilities. By integrating IBM's Watson IoT Platform and Visa's Token Service, the companies will enhance security in payment-enabled devices, including wearables, appliances and cars, the companies stated.

"The Internet of Things is not only driving a more connected world, it's changing the way we live, shop and pay, by moving data and the point of sale to wherever the consumer wants it to be," said Jim McCarthy, Visa's Executive Vice President, Innovation and Strategic Partnerships. "With the power of Watson's cognitive technologies and IBM's leadership in IoT and security, they are the ideal partner to help us deliver secure payments to 'virtually anywhere' and on the enormous scale of the IoT."

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