NOVAM – The Distributed Cybersecurity for IoT

Dear followers, thanks for your followership, comments and feedbacks, i am here today to introduce to you one of its kind and amazing project, by the name NOVAM, A project which monitors and automatically mitigates threats to IoT devices and provides auditing & compliance investigation for enterprise.

Before we go further on today’s topic, let’s remind ourselves what Blockchain technology is and its advantage.

WHAT IS BLOCKCHAIN

According to wikipedia, Blockchain is originally known as bloc chain, It is a growing list of records known as blocks which is linked using cryptography, each of these blocks contain a cryptographic hash of the initial block, a transaction data and a time stamp.

Since its emergence in the year 2008, when Nakamoto satoshi discovered and introduced bitcoin, there has been serious efforts to integrate the blockchain technology into several aspects of various process of global business , The blockchain technology has been described as having the potential to disrupt many industries with immutability, low-cost transaction, and enhanced maximum security. So many other blockchain implementations have been deployed and developed with unique features designed to specific use-cases.

The blockchain technology has made possible to issue assets through a distributed ledger framework. With cryptocurrency tokens, Assets can be given economic value in order to validate and initiate transactional processes.

ADVANTAGES OF BLOCKCHAIN:

Decentralised payment processing,
Creating an immutable system of recording,
Reducing Cost of Transaction and
Enhanced Security.

Now that we have reminded ourselves of what blockchain technology is, let’s look into the subject matter.

OVERVIEW OF NOVAM

NOVAM is the first Artificial Intelligence cybersecurity program that uses DLT to improve the accuracy of its health check. NOVAM uses distributed ledger technology and AI to automatically monitor and mitigate IoT threats from secure boot chains, operating systems, cellular and network applications. NOVAM also provides integrated audit compliance and regulations for threat monitoring and detection services to ensure system events are included in distributed ledgers that cannot be changed.

Additionally,Novam is a security system for protecting global Internet of Things (IoT) devices in environments connected with connectivity, security, scalability and adaptability in mind. NOVAM operates on a bootloader level that connects IoT devices to the blockchain to ensure that the operating system and hardware are not interrupted. NOVAM not only finds anomalies but also fixes it to improve your technology-immune system, the Novam system will act without prior knowledge of threats, to monitor, identify, warn and start providing automatic immune system responses to delete, replace or quarantine threats.

NOVAM intends to target large industries by creating partnerships with security vendors, hardware and software for compliance and unchanging investigations, integrating ledgers distributed in IoT devices and corporate networks for monitoring and mitigation services through the inspection of our health systems that waiting for a patent decision.

The market focus is divided into three different categories:

Monitor IoT devices and systems

Threats of device mitigation and IoT systems

Audit and compliance for threat monitoring platforms

In essence NOVAM will monitor and reduce cyber threats Internet-of-Things (IoT) uses a combination of distributed ledger technology (DLT), artificial intelligence (AI) and system defense techniques.

The Core Factors

DLT

A NOVAM token is used as a software license to record health checks, authenticate a chain of trust, and mitigate threats while allowing for forensic, regulatory compliance and auditing capabilities.

IoT Device Visibility

Using patent-pending technology, our software allows for unprecedented monitoring and security identification across all IoT devices and environments at any given time. Giving companies better visibility and flexibility.

Health Check

NOVAM’s health checks enable users, devices and applications to verify that software packages and hardware components are uncompromised and unmodified by malware or other cyberthreats, across the entire secure boot chain and run-time on a device.

How It Works?

NOVAM is known to provide protection to endpoints and networks by monitoring and mitigating threats automatically on the global Internet of Things (IoT) devices. It also offers corporate risk management departments and security teams a forensic security investigation platform for auditing and compliance through Distributed Ledger Technology (DLT).

NOVAM’s mainly focuses on Hardware vendors, software vendors, and cybersecurity products.

The NOVAM Token is a utility software license that is known to provide access to network and platform for services that include monitoring and mitigating threats, auditing and regulatory compliance. NOVAM technology also allows for system health checks for the user, network and device authentication and verification purposes.

NOVAM makes use of distributed ledger technology along with AI to automatically monitor and mitigate IoT threats from the secure boot chain, mobile application, operating system, and network.

NOVAM is also known to provide auditing & regulatory compliance integration to threat monitoring and detection services in order to ensure system events which includes an immutable distributed ledger. NOVAM aims to become the standard distributed ledger for cybersecurity threat detection, device mitigation, and compliance.

The Novam’s 5 Step Process Device Health Check – As Follows:

Initiate a health check for a device. This can occur both in the boot process and during run-time, and include the entire Chain of Trust or an individual statistic like firmware, operating system or applications.

The state of a device is recorded on an enterprise specific CDN. This can be used as an external element for future device health checks.

Subsequent health checks compare the internal and external state of a device with NOVAM stored internal and external states, signed by the vendor, to determine if the device is healthy or compromised.

When a device is considered healthy and unmodified no mitigation occurs.

If the device is considered unhealthy and compromised, based on the system health check, autonomous mitigation will occur.