NanoLock Security has developed a platform for IoT and connected devices that automates protection by embedding the service into memory components. The company has struck partnerships with a wide range of memory companies to include its service in products that are then destined for markets ranging from smart homes to automobiles to factories.
The goal is to enhance security on devices that otherwise have little computing power by offering a simple activation process, making it easier to manage for companies that could be dealing with large numbers of such connected devices.
“We started with the vision of how to protect and manage connected devices,” says Eran Fine, CEO and co-founder of NanoLock. “As things become more and more connected, they’re vulnerability needs to be managed.”
Founded in 2016, the Israeli startup boasts a host of security experts amongs its founders and early team members. As the group examined the growing problem of security for connected devices, they began to study where and how it would be most strategic to implement better security.
They concluded that placing it at the memory level would allow for an ideal combination of protection and ease-of-use. So if, for instance, someone gains access to a connected security camera, the NanoLock system can block it and prevent the intruder from inserting any malicious code or changing settings. By the same measure, it can also gather data on the attacker to analyze the hack.
The NanoLock system uses little power, and little computer processing, so it can still operate on connected devices that don’t have much of either.
Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.
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