Thirdwayv’s SecureConnectivity™ Solution Included in Commercial Deployment in the Healthcare Device Market

IRVINE, Calif.–(BUSINESS WIRE)–Thirdwayv, a leading provider of end-to-end connectivity and security
solutions for Internet of Things (IoT), today announced that its
SecureConnectivity^™ software platform for
safety-critical applications is included in a commercialized medical
device that was cleared by the FDA (Food and Drug Administration) in
June 2018. The SecureConnectivity platform is applicable to a wide
variety of IoT applications including high value asset tracking,
automotive and critical infrastructure.

Thirdwayv’s SecureConnectivity platform is comprised of multiple
software components including Device (i.e., embedded), Smartphone and
Cloud software. The platform utilizes application layer security to
create a secure communication channel between a Smartphone App and an
IoT Device or the Cloud, enabling it to augment shared transport layer
security mechanisms used by popular operating systems such as Android
and iOS. The platform is resistant to a variety of malware and wireless
channel cyber security attacks and can be utilized across multiple
communications protocols such as BLE, WiFi, LTE Cat M, NB-IOT and NFC.
It is also compatible with a number of communication silicon vendors.
The Platform includes optional on-premise equipment for factory
provisioning which protects against the production of counterfeit
products. Additionally, SecureConnectivity’s ultra-low power profile,
tiny memory footprint and simple to use APIs (Application Programming
Interface) allow seamless integration into existing devices and
applications with minimal engineering effort, and without the need to
increase battery size or reduce the product’s operating life.
SecureConnectivity customers have the ability to select individual
components of the platform to match their specific requirements.

“As the number of IoT devices grows each day so, too, does the threat
landscape as each individual IoT device provides another node of
connection for potential nefarious actors to compromise not only the
device, but the connected networks as well,” said Tanner Johnson, Senior
Analyst, Connectivity & IoT with IHS Markit. “As users increasingly
demand the convenience of controlling and accessing IoT data and
applications using their own smartphones, this introduces yet another threat
surface. Thirdwayv’s SecureConnectivity solution offers the addition
of application-layer security between connected devices and smartphones
for safety-critical healthcare applications.”

According to the Deloitte Centre for Health Solutions, the market for
connectivity technologies that enable the Internet of Medical Things
(IoMT) is expected to rise from an estimated $9.3 billion in 2017 to $28
billion in 2022. In its 2018 report
the firm also said that “cybersecurity issues are pervasive across
medtech as the increasing numbers and capability of connected medical
devices present additional risk for data security” and that “medtech
companies must take a ‘security by design’ approach” to managing that
risk and also “need to earn the trust of providers and patients by
developing strong privacy and security arrangements.”

The Thirdwayv SecureConnectivity platform is available today and has
been successfully incorporated by Insulet Corporation in its Omnipod
DASH™ Insulin Management System, for which Insulet received both the ISO
27001 and DTSec
Cybersecurity Standard for Connected Diabetes Devices certification.
The ISO 27001 certification is the international standard for
information security management systems globally. The DTSec
Cybersecurity Standard for Connected Diabetes Device certification is a
new certification administered by the Diabetes Technology Society to
ensure diabetes devices meet the highest cybersecurity standards.

“We are delighted to have been selected by Insulet to be one of their
trusted partners to help connect and protect its Omnipod DASH System,”
said James Kamke, chief executive officer, Thirdwayv. “The commercial
deployment of our technology in such a mission critical application is
an essential step in providing the greater medical device industry with
the most comprehensive smartphone-centric connectivity solutions
available.”

About Thirdwayv

Thirdwayv helps its customers create secure wireless IoT products and
services for applications in healthcare, automotive, process automation
and critical infrastructure. The company’s connectivity solutions
collect and analyze critical sensor data to enrich end-user experiences
and support advanced business operation. For more details, please visit
the Thirdwayv website at http://www.thirdwayv.com.

Connected. Protected. Thirdwayv.

Contacts

Kelly Poffenberger
Magnet PR Group (for Thirdwayv)
714-553-9071
kellyp@magnetprgroup.com