Published: Oct. 23th, 2019
Bluetooth & IoT Security Company Norma signed an export contract worth $2.5 million with Chinese security company BUGBANK.
Norma is planning to supply its own IoT security solution called ‘IoT Care’ to Bugbank.
IoT Care is an IoT security solution that focuses on security of smart city infrastructure such as finance, healthcare and smart distribution.
It supports IoT network and device integration security.
IoT Care has excellent security as it is equipped with ‘Zero Day’ DB, an unknown vulnerability.
Since early this year, it has been providing major Chinese public organizations with a solution called AtEar, which is a representative product of Norma.
AtEar is a wireless vulnerability checking solution.
Bugbank, which signed the export deal, was named one of the most potential unlisted companies in 2018 by Forbes, a U.S. business magazine.