Smart Card Alliance Forms IoT Security Council

If an IoT device is basically an embedded device with some connectivity, then one of the earliest IoT devices is the smart card. The driving force behind smart card standards is the Smart Card Alliance (SMA), an organization comprising more than 200 worldwide members from finance, government, telecommunications, transport, healthcare and retail. Many of its members involved in chips and services for smart cards are also pursuing new opportunities in the IoT market. 

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Story added 9. May 2016, content source with full text you can find at link above.