Cyberattacks on energy infrastructure providers and utilities are escalating, with smart meters being a major target for these hacks. A breached smart meter carries the potential for hackers to seize customers’ personal data, compromise company revenues, and even impact local area power supply. These attacks can come from outsiders, supply-chain sources, or insiders. Human error is also a major cause of security compromise in IIoT applications. Each of these vectors is made more viable by the continued expansion of smart meter networks to reach ambitious rollout goals.
NanoLock and Renesas have partnered to wholly address these risks with a Zero Trust solution that prevents any and all unauthorized outcomes, regardless of source. This joint solution safeguards consumer privacy, provider revenues, and continuity of energy supply, and complies with recent IIoT security recommendations issued by many national governments. The joint solution will also allow for Renesas to offer cybersecurity monitoring and management capabilities to its customers.