Business
DA Security Blueprint
DA Security Blueprint.
About this update from Tern Plc
[{"type":"text","content":"\n \nTern PLC (TERN)Tern PLC: DA Security Blueprint22-Jun-2018 / 07:00 GMT/BSTDissemination of a Regulatory Announcement, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n22 June 2018\n\nTern Plc (the \"Company\", or the \"Group\")\n\nDA Security Blueprint\n\n \n\nTern Plc (AIM:TERN), the investment company specialising in the Internet of Thing (\"IoT\"), has been advised, further to the announcement made on 8 June 2018, that preliminary marketing of Thales' healthcare IoT security blueprint, developed in conjunction with Device Authority (\"DA\"), has commenced.\n\n \n\nTern has a 56.8% holding in IoT security business, DA, and this represents a significant milestone for DA following the formation of its strategic partnership with Thales Group announced on 24 January 2018. The healthcare IoT security blueprint provides high-assurance device authentication, managed end-to-end encryption, and certificate provisioning for IoT devices, ideal for medical, industrial and other smart connected products.\n\n \n\nAccording to the 2018 Thales Data Threat Report, the healthcare industry is regularly targeted by cybercriminals with 70 per cent. of healthcare organisations globally having experienced an attack. This solution is designed to enable the Connected Health industry to continue to perform at the highest levels without question on the integrity of data or medical devices. \n\nTern CEO, Al Sisto, said: \"We are delighted to have been advised that Thales and DA have further strengthened their strategic partnership with the issue of this joint blueprint. This clearly shows how DA can provide the level of IoT security required in healthcare/medical cases and is another step in expanding Tern's participation in the medical IoT markets via its portfolio investee companies to create shareholder value.\"\n\n \n\n**ENDS**\n\n \n\nEnquiries \n\n\n Tern Plc\n\n Al Sisto/Sarah Payne\n \n \n via Redleaf Communications\n \n \n  \n\n WH Ireland\n\n (NOMAD and joint broker)\n\n Mike Coe/Ed Allsopp\n \n \n  \n\n Tel: 0117 945 3470\n \n \n  \n\n Whitman Howard\n\n (Joint broker)\n\n Nick Lovering/Francis North\n \n \n  \n\n Tel: 020 7659 1234\n \n \n  \n\n Redleaf Communications\n\n Elisabeth Cowell/Fiona Norman\n \n \n  \n\n Tel: 020 ...