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Gemalto Strengthens Trust in Smart Energy with Its New End-to-End Security Solution

May 14, 2018

AMSTERDAM--(BUSINESS WIRE)--May 14, 2018--Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is strengthening trust in the smart energy sector with an end-to-end security solution which protects the entire ecosystem. Deployed by smart meter makers and distribution systems operators, the offer provides seamless connectivity solutions, secure digital identities and security lifecycle management for the long life of smart meters, as threats and stakeholders evolve over time. The solution protects connected energy assets and the data they exchange, allowing people and businesses to trust the expanding smart grid.

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Secure smart grids improve sustainability, efficiency and reduce threats Today’s highly successful smart grids have become comprehensive IoT networks with millions of connected meters that share massive real time data about people, businesses and energy consumption. The valuable insight they provide enables consumers to save on energy bills and utilities and energy players to better balance supply and demand. It is also crucial information to help integrate renewable energy sources, helping to improve sustainability. As the marketplace and number of connections continues to expand by an estimated 30% each year 1, so does the cyberattack surface. The motivations for hacking this critical infrastructure are high and diverse: energy consumption fraud, insight into households’ activity and absence, grid instability, pressure on governments, ID theft. Digital security is paramount to an efficient grid´s success.

Click to watch the IoT Smart Energy video

Gemalto protects and secures the expanding smart grid sector The dedicated Gemalto cybersecurity solution for electric utilities establishes a foundation of trust at the very core of the ecosystem by establishing end-to-end security between energy meters, data concentrators and energy companies’ back-end systems. Rugged and reliable IoT connectivity modules ensure 24/7 data availability. A strong and unique digital identity system is implemented at the manufacturing stage to ensure devices and applications can strongly authenticate themselves, proving their legitimacy to access sensitive data. Leading-edge encryption technology safeguards against data tampering and strong security lifecycle management enables remote security and data access updates, without costly truck rolls.

“The smart energy ecosystem is one of the most advanced in terms of security requirements because of the potentially disastrous consequences of malicious hacking,” said Guillaume Lafaix, senior vice president Mobile Services and IoT, Gemalto. “The Gemalto cybersecurity solution for Utilities ensures the integrity and confidentiality of smart meter data while defending against hacking and emerging threats that are typical to this business.”

To learn more about the Gemalto cyber-security solution for Utilities, please visit us at African Utility Week from May 15-17 in Cape Town. Or check our dedicated webpages: Gemalto at African Utility WeekGemalto smart metering solutionsGemalto security lifecycle management for Utilities

About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2017 annual revenues of €3 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.

Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software – enabling our clients to deliver secure digital services for billions of individuals and things.

Our 15,000 employees operate out of 114 offices, 40 personalization and data centers, and 35 research and software development centers located in 47 countries.

For more information visit www.gemalto.com, or follow @gemalto on Twitter.

1https://www.technocracy.news/index.php/2017/08/03/global-smart-grid-market-growing-at-30-per-year/

View source version on businesswire.com:https://www.businesswire.com/news/home/20180513005007/en/

CONTACT: Gemalto media:

Tauri Cox, +1 512 257 3916

North America

tauri.cox@gemalto.com

or

Sophie Dombres, +33 4 42 36 57 38

Europe Middle East & Africa

sophie.dombres@gemalto.com

or

Jaslin Huang, +65 6317 3005

Asia Pacific

jaslin.huang@gemalto.com

or

Enriqueta Sedano, +52 5521221422

Latin America

enriqueta.sedano@gemalto.com

KEYWORD: EUROPE NORTH AMERICA CANADA NETHERLANDS SOUTH AFRICA AFRICA

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS DATA MANAGEMENT INTERNET NETWORKS SOFTWARE OTHER TECHNOLOGY MOBILE/WIRELESS ENVIRONMENT

SOURCE: Gemalto

Copyright Business Wire 2018.

PUB: 05/14/2018 01:00 AM/DISC: 05/14/2018 01:00 AM

http://www.businesswire.com/news/home/20180513005007/en

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