AiThority Interview Series With Yoni Kahana, VP Customers of NanoLock Security
The Management of Things (MoT) Platform is deployed as a standalone solution or integrated via APIs into the customer’s own security management platform.
Know My Company
What inspired you to start a company in the security space?
Our co-founder at Nanolock, Erez Kreiner was the former head of cyber security for the Israeli National Information Security Agency (NISA) and has a deep understanding of the security market and threats to the security landscape. And, with his knowledge and an experienced management team by his side, we were confident that we could introduce a security solution that could protect and manage connected devices from embedded to the cloud.
What is Edge Computing?
Edge computing can be defined as the computational processing of sensor data away from the centralized nodes and close to the logical edge of the network, toward individual sources of data. Edge computing is fuelled by the abundance of smart IoT applications in autonomous vehicles, and other industries that require low-latency data processing.
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Do you think products that are connected by the internet pose a bigger security risk?
Yes, devices that are connected bring higher risks since they are exposed to attackers from the network which increase the likelihood of such attacks and their impact. The number of products connected to the Internet will reach more than 20 billion by 2020 and many of these products have limited computing power and therefore do not have enough available resources to properly secure them. Many of these devices have limited or no security.
What makes Nanolock’s offering stand out in the market?
We bring new business opportunities to have new IoT revenue engines while reducing the cost of managing IoT devices. We are protecting, securing and managing devices from embedded to the cloud and from pre-production to after end-of-life. Our solution is ironclad, lightweight and can be used to secure end devices with limited power. We’re protecting devices at their most vulnerable times by securing firmware over the air (FOTA) updates and our management software allows companies to manage the security for all of their IoT devices in one single pane view.
Tell us about one industry that will truly benefit using Nanolock’s product.
Telcos will benefit from NanoLock’s technology since this technology enables them to manage IoT devices (e.g. CCTV, routers, ICS etc.) in a secure manner regardless of the production line territory, processor etc. This creates a new business model for the IoT business units while reducing the costs of IoT management.
In addition, the Automotive industry will benefit from NanoLock’s technology because of its investment in connected cars and applications directly tied to the car’s electronic control unit (ECU). NanoLock can protect the car’s ECU, which is an embedded system in automotive electronics that controls one or more of the electrical systems or subsystems in a vehicle addressing their operational and technical challenges.
Some modern motor vehicles have more than 80 ECUs and each is vulnerable to hackers. NanoLock can secure, protect and manage the ECUs with its solutions.
Can MoT protect the entire eco-system of IoT/IIoT or is it only limited at the edge-connected objects level?
The Management of Things (MoT) Platform is deployed as a standalone solution or integrated via APIs into the customer’s own security management platform. Combined with NanoLock’s FOTALock platform, which secures Firmware Over the Air (FOTA) updates, NanoLock’s MoT updates, controls and monitors the devices and includes robust features for monitoring FOTA security, version management, attack detection, and alerts.
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Do you think tomorrow’s technological innovations will be dominated by AI?
AI is an important technology and one that is growing rapidly. The ability to secure this technology will be important.
How do you keep updated about the latest trends in the technological space?
We have global customers from the Far East to USA and Europe, and we work with them on projects around upcoming challenges in the industry. We also work with our partners, including the flash vendors to forecast where the market will be in 2-10 years. It is very clear that the risks related to IoT, supply chain and automotive will increase during the coming years, while the cost pressure on the bill-of-material will continue – this needs to be addressed.
What are you currently reading?
Unbroken by Laura Hillenbrand – it’s a story about the unbelievable survival story of the World War II aircrew soldier that shows us that people can face much more than we can imagine.
Tag one person whose answers you would like to read about the same set of questions:
Sandeep Krishnegowda from Cypress has shown long-term perspective in the industry and works for a company that shows technology leadership and is making very interesting moves in the NOR industry.
Where do you see Nanolock in 2022?
NanoLock will continue to work with our customers and partners to make the IoT vision of securing, managing and protecting connected end devices that help us in every aspect of our life. We will make sure our home routers and connected cars are secure, our smart cities are trustworthy and the robots in the manufacturing line aren’t being manipulated and more. NanoLock will companies in providing affordable security and management for the global supply chain. We will get to new industries while bringing new business models and enhancing our management capabilities.
Thank you, Yoni! That was fun and hope to see you back on AiThority soon.
Yoni Kahana, VP Customers of NanoLock Security, brings over 20 years of experience in managing, leading and developing large-scale projects in secure telecommunications and embedded systems from idea-stage to completion in R&D, product and business environments. Previously, Mr. Kahana was the Product Cybersecurity group manager for GM in Israel.
NanoLock Security was founded in 2016 by seasoned industry executives and formed around the founders’ and senior management’s deep understanding of how to manage and secure the new generation of connected and IoT devices. The company provides the industry’s only lightweight, unbreakable, low-cost security and management solution for connected and IoT devices. Using virtually zero computing or power resources, NanoLock Security protects firmware and sensitive information stored on connected and IoT devices, preventing attacks ranging from ransomware to malicious manipulation of stored code. NanoLock has offices in New York, Israel and Tokyo.