Proving the Business Case for the Internet of Things

Gemalto provides security for smart energy

Steve Rogerson
May 23, 2018

Dutch digital security company Gemalto has introduced end-to-end security to protect the smart energy ecosystem. Deployed by smart meter makers and distribution systems operators, it provides seamless connectivity, secure digital identities and security lifecycle management for the life of smart meters.
The system protects connected energy assets and the data they exchange, allowing people and businesses to trust the expanding smart grid.
Today’s 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 insight they provide lets consumers save on energy bills and utilities and energy players 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, so does the cyber-attack 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.
The dedicated cyber-security offering for electric utilities establishes a foundation of trust at the 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 round-the-clock data availability. A 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. Encryption technology safeguards against data tampering and 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 at Gemalto. “Gemalto cyber security for utilities ensures the integrity and confidentiality of smart meter data while defending against hacking and emerging threats that are typical to this business.”
Gemalto had 2017 annual revenues of €3bn with customers in more than 180 countries. Its 15,000 employees operate out of 114 offices, 40 personalisation and data centres, and 35 research and software development centres in 47 countries.