SAN FRANCISCO, May 14, 2018 (GLOBE NEWSWIRE) -- Mocana Corporation, the leading provider of mission-critical IoT security solutions for industrial control systems and the Internet of Things (IoT), today announced that it is partnering with Verizon to simplify IoT security by integrating Mocana’s endpoint security software solution, Mocana TrustPoint™, with Verizon’s ThingSpace, a platform for IoT device connectivity, management, security, and analytics. Mocana TrustPoint ™, the company’s flagship IoT endpoint security solution, provides compliant security that protects more than 100 million mission-critical devices for the industry’s largest industrial and IoT manufacturers. Combining Mocana TrustPoint™ with Verizon’s deep network security and managed security offerings simplifies the management of the IoT security lifecycle to improve supply chain integrity.

According to Verizon’s 2018 Data Breach Investigations Report, 48% of data breaches involved hacking. With billions of IoT connected devices deployed and being introduced, manufacturers and IoT service providers need an easier way to scale the management IoT security.

Integrating Mocana with Verizon ThingSpace will help customers to:

-- Simplify the development of IoT applications with a pre-integrated security solution customized for a number of embedded systems and microcontrollers -- Harden IoT devices by incorporating essential security (secure boot, secure update, intelligent firewall, security credentialing) into IoT devices that communicate with Verizon's cellular network -- Provide security for ThingSpace devices through NIST FIPS 140-2 Level 1 validated cryptography that meets the Industrial Internet Consortium Endpoint Security Best Practices -- Simplify and scale IoT device onboarding and enrollment with a complete credentialing solution for IoT device authentication and authorization -- Ultimately accelerate the time to market for new IoT services and products

“Securing an IoT solution can be complex and challenging for device manufactures and enterprises without the expertise in embedded system security,” said Abhi Dugar, research director, IoT Security, at IDC. “Verizon and Mocana’s partnership makes sense and will enable manufacturers, infrastructure operators, enterprises and systems integrators to more easily scale IoT security to support billions of devices.“

“Leveraging Verizon’s comprehensive understanding of mobile networking, network security, managed networks and security, global coverage and secure cloud connectivity will enable our joint customers to scale their IoT digitalization strategies securely and profitability,” said William Diotte, CEO at Mocana. “Our partnership will help companies with large global IoT initiatives, including systems integrators and technology providers, to scale and manage IoT device security.”

Mocana will be showcasing its Mocana TrustPoint™ and Mocana TrustCenter™ offerings at the annual Internet of Things World (IoT) Conference in Santa Clara at booth #630 on May 14-17, 2018.

About Mocana CorporationFounded in 2002, Mocana provides mission-critical IoT security solutions for embedded systems, industrial controls and the Internet of Things (IoT). Our proven cybersecurity software goes beyond traditional security approaches by making IoT and ICS devices trustworthy and enabling secure device-to-cloud communications. Mocana’s full-stack platform operates across complex, multi-vendor environments where performance and security are critical to ensuring safety and reliability. Hundreds of industrial and IoT companies depend on Mocana’s military-grade technology to protect millions of IoT devices, controllers and embedded systems. www.mocana.com.

Press Contact:Laura AsendioMerritt Group on behalf of Mocanaasendio@merrittgrp.com(703) 390-1512