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NanoLock and Renesas Partner to Safeguard Smart Meters

14/09/2022
NewsroomPress releases

Amidst a worsening threat landscape for energy infrastructures, the partnership between NanoLock and Renesas will guarantee the integrity of Renesas microcontroller units for smart meter manufacturers; Joint solution available to all Renesas customers

Hod Hasharon, Israel – September 14, 2022 – NanoLock Security, a leading device-level cybersecurity provider for smart meters and IIoT devices, and Renesas Electronics Corp., a prominent global semiconductor manufacturer, today announce a partnership to introduce a new platform that will further secure Renesas’ customers’ smart meters from cyber-attacks. The joint solution from the Israeli cybersecurity company and the Japanese microcontroller unit (MCU) maker will be available to all Renesas customers, including many of the world’s leading smart meter manufacturers.

 

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.

 

“Smart meters are rolling out to consumers as fast as manufacturers can produce them, and hackers see these devices as high-leverage targets for financial gain,” said David Stroud, Head of Europe and APAC, NanoLock Security. “With our partnership, Renesas will now have products with the highest level of protection on the market, providing their smart meter customers protection for their physical and digital infrastructure, customer data, and present and future revenues.”

 

To find out how manufacturers can take advantage of the new Renesas MCUs to better secure their smart meters, visit Renesas RL78 Partner page. To learn more about NanoLock, visit NanoLockSecurity.com.

 

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com.

 

About NanoLock

NanoLock Security’s zero-trust, device-level protection and management secure IoT, OT, and connected devices against persistent cyberattacks by outsiders, insiders and supply chain adversaries, including billions of devices that other technologies cannot protect. Our lifetime protection and management solution take zero-trust to the device-level with an ironclad protection, secured and managed firmware updates, reliable status and alerts and unique forensic data. NanoLock fuels the IoT and IIoT revolution with an enduring and affordable zero-trust protection that is vital for critical infrastructures, such as industrial companies and utilities that are looking to ensure the integrity of their devices, maintain business continuity, and protect revenues. NanoLock is headquartered in Israel with offices in the US, Europe, and Japan. Visit www.nanolocksecurity.com for more information and follow NanoLock on Twitter and LinkedIn.

 

Press Contact:

NanoLock Security

Caster Communications, Inc., 401-792-7080

nanolock@castercomm.com