How OneLayer plans to secure 5G networks
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Today, OneLayer launched a cybersecurity platform and an IoT security toolkit. The solution has raised $8.2 million in seed funding and is specifically designed for securing private mobile networks.
OneLayer helps organizations improve their 5G security posture by providing real-time visibility into assets and devices connected to 5G networks, detailing the device type, location, and vulnerabilities to give users greater transparency about security risks.
This end-to-end approach to 5G security aims to provide enterprises and technical decision makers with a solution for deploying mobile security that is comparable to their existing IT security strategy, while eliminating the need for in-house expertise on securing private mobile security. networks is eliminated.
Bringing 5G security into traditional IT security
The announcement comes amid the widespread rollout of private LTE/5G networks that will provide users with greater connectivity beyond the confines of the traditional corporate network and open the door to a wave of new IoT devices.
However, the emergence of 5G private networks has created new security issues that many companies are unable to solve. Last year, for example, only 9% of security professionals believed their organization’s security posture was ready for 5G.
Part of the challenge is that 5G providers themselves are still coming to grips with securing 5G networks, with 48% of operators admitting they don’t have enough knowledge or tools to address security vulnerabilities, their biggest challenge in implementing 5G technology.
“Security is the number one concern for private mobile networks. Every organization has its own security standards for its corporate IP network. They reach their security threshold using various tools that have had years to develop and evolve. But in the private cellular environment, important security ingredients are still missing and can’t just be applied in this ecosystem,” said Dave Mor, CEO of OneLayer.
OneLayer’s solution to this challenge is to provide businesses with the ability to manage 5G networks and IoT devices such as IPs.
“OneLayer bridges this gap by enabling an organization to implement the same methodology they have in their IP environment, now in their private cellular environment,” Mor said.
A look at the 5G security market
OneLayer is the latest entrant into the 5G security market, estimated by researchers to be worth $580 million by 2020 and expected to be worth $5.2 billion by 2026 as demand for 5G networks increases among enterprises and cyberattacks proliferate. IoT devices are going to target.
The provider is competing with a number of other vendors trying to provide more end-to-end visibility into private 5G networks.
One such competitor is Fortinet, which reported revenue of $3.34 billion in 2021 and provides users with two security platforms for securing private mobile networks. FortiGate and FortiWeb are designed to protect against application-level attacks and IoT signaling storms.
Another example is Trend Micro, which provides a security platform for 5G networks and IoT devices, provides end-to-end visibility on mobile devices and enables users to enforce zero-trust protection and edge application protection, which recently announced subscription-based annual recurring revenue. of more than $550 million.
While these are major competitors, Mor claims that OneLayer’s use of IP languages makes it stand out. “Instead of speaking in terms of IP and mobile, we’re correlating all the different identities and speaking in the IP language that security experts know,” he said.
“We are integrating with authentication and authorization tools in the IP environment as well as with the core cellular players. This ensures a security standard that is identical across all your networks,” he said.
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This post How OneLayer plans to secure 5G networks
was original published at “https://venturebeat.com/2022/03/15/onelayer-enters-race-to-secure-5g-networks/”
