Jan C. Wendenburg appointed new CEO of IT security specialist IoT InspectorPORTFOLIO NEWS
IT security company IoT Inspector, a portfolio company of eCAPITAL, announced the appointment of a new CEO: Jan C. Wendenburg has taken over the reins of the company, which specializes in the security testing of IoT device firmware, as of October. Florian Lukavsky, founder IoT Inspector, takes over as CTO and will focus on the technical development of the powerful IoT security platform. In recent weeks, IoT Inspector has identified numerous security vulnerabilities at well-known chip manufacturers such as Realtek or Broadcom in hundreds of thousands of devices, generating worldwide attention.
IoT security will be, in the future, the most important challenge in the field of IT security. Every device already carries a chip today, all of which will be connected in the future. Without IoT security, no business, organization or government will ultimately manage to survive. From critical infrastructures such as power and water utilities, automobiles, airplanes, medical devices, network printers, and even the vacuum cleaner robot at home, all devices and data can be tampered with, endanger lives, and cause substantial damage if IoT security is not addressed. IoT Inspector gets to the root of this problem, identifying IoT vulnerabilities across the entire lifecycle - from development to integration to operations.
Jan C. Wendenburg, CEO, IoT Inspector
After holding numerous positions at various IT security-focused companies, Wendenburg is one of the industry’s established experts. He started his career at IBM as Regional & Branch Manager, among others, founded international IT security companies and most recently restructured the certgate GmbH as CEO, transforming the company into one of the leading German IT specialists in the field of secure mobile authentication, while also supporting young companies as a Senator of the World Business Angels Investment Forum (WBAF).
Jan Wendenburg will continue to drive IoT Inspector's growth trajectory. His international experience in this specific IT security industry is essential for the company's future and strategy, while Florian Lukavsky continues to develop the technical platform as CTO.
Willi Mannheims, Managing Partner at eCAPITAL AG, Leadinvestor IoT Inspector
IoT Inspector is the leading European IoT security analysis platform. Any vulnerabilities in the firmware of smart devices can be identified in a fully automated way already during development and later during operation at any time. Manufacturers and developers use this efficient and automatic quality assurance during component or device development. Companies can check supplied components automatically and thus ensure a transparent, secure software supply chain and high compliance. Today, components such as chipsets are purchased and usually installed without security checks. Often, this means that devices suffer from significant problems hidden in the firmware or the software development kit, which provide hackers with vast opportunities for attack. The risks here range from data leakage to completely remotely controllable devices. This is where IoT Inspector strengthens the entire supply and service chain, from the developer to the manufacturer to the user.
About IoT Inspector
IoT Inspector is the leading European platform for IoT security analysis and enables automated firmware testing of IoT devices for critical security vulnerabilities in just a few clicks. The integrated Compliance Checker simultaneously uncovers violations of international compliance requirements. Vulnerabilities for external attacks and security risks are identified in the shortest possible time and can be remedied in a targeted manner. The solution, which is easy to use via the web interface, detects unknown security risks for manufacturers and distributors of IoT technology. This is especially true for products manufactured by an OEM partner. Infrastructure providers, consulting companies, scientists and system houses also benefit from the offering and can provide added value to their customers. Universities and research can use the platform free of charge: https://www.iot-inspector.com/iot-inspector-edu-students-academia/.
eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany, currently manages funds with over EUR 280 million under management and was lead investor of some very successful German exits like sonnen, Novaled or Jedox.